Differential Games in Industrial Economics

Business & Finance, Management & Leadership, Industrial Management, Nonfiction, Science & Nature, Mathematics
Cover of the book Differential Games in Industrial Economics by Luca Lambertini, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Luca Lambertini ISBN: 9781316732632
Publisher: Cambridge University Press Publication: April 30, 2018
Imprint: Cambridge University Press Language: English
Author: Luca Lambertini
ISBN: 9781316732632
Publisher: Cambridge University Press
Publication: April 30, 2018
Imprint: Cambridge University Press
Language: English

Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applications of game theory.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applications of game theory.

More books from Cambridge University Press

Cover of the book Economic Voting by Luca Lambertini
Cover of the book Guide to Byzantine Historical Writing by Luca Lambertini
Cover of the book The 1857 Indian Uprising and the British Empire by Luca Lambertini
Cover of the book Hegel: Elements of the Philosophy of Right by Luca Lambertini
Cover of the book British Plant Communities: Volume 4, Aquatic Communities, Swamps and Tall-Herb Fens by Luca Lambertini
Cover of the book Physics MCQs for the Part 1 FRCR by Luca Lambertini
Cover of the book Solving Polynomial Equation Systems IV: Volume 4, Buchberger Theory and Beyond by Luca Lambertini
Cover of the book Obscenity and Film Censorship by Luca Lambertini
Cover of the book Religious Diversity by Luca Lambertini
Cover of the book Rescuing Human Rights by Luca Lambertini
Cover of the book Conversations on Justice from National, International, and Global Perspectives by Luca Lambertini
Cover of the book Final Judgments by Luca Lambertini
Cover of the book Empowering Leadership of Tomorrow by Luca Lambertini
Cover of the book Special Functions by Luca Lambertini
Cover of the book The Cambridge Companion to Goethe by Luca Lambertini
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy