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Item Details
Title: DIFFERENTIAL GAMES IN ECONOMICS AND MANAGEMENT SCIENCE
By: Engelbert J. Dockner, Steffen Jorgensen, Ngo van Long
Format: Electronic book text

List price: £162.00


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ISBN 10: 0511805128
ISBN 13: 9780511805127
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 5 June, 2012
Description: Graduate textbook presenting the theory and applications of differential games, assuming no prior knowledge of game theory.
Synopsis: A comprehensive, self-contained survey of the theory and applications of differential games, one of the most commonly used tools for modelling and analysing economics and management problems which are characterised by both multiperiod and strategic decision making. Although no prior knowledge of game theory is required, a basic knowledge of linear algebra, ordinary differential equations, mathematical programming and probability theory is necessary. Part One presents the theory of differential games, starting with the basic concepts of game theory and going on to cover control theoretic models, Markovian equilibria with simultaneous play, differential games with hierarchical play, trigger strategy equilibria, differential games with special structures, and stochastic differential games. Part Two offers applications to capital accumulation games, industrial organization and oligopoly games, marketing, resources and environmental economics.
Illustrations: 9 tables
Publication: UK
Imprint: Cambridge University Press (Virtual Publishing)
Returns: Non-returnable
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