Game Theory And Mechanism Design

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This book offers a self-sufficient treatment of a key tool, game theory and mechanism design, to model, analyze, and solve centralized as well as decentralized design problems involving multiple autonomous agents that interact strategically in a rational and intelligent way. The contents of the book provide a sound foundation of game theory and mechanism design theory which clearly represent the “science” behind traditional as well as emerging economic applications for the society.The importance of the discipline of game theory has been recognized through numerous Nobel prizes in economic sciences being awarded to game theorists, including the 2005, 2007, and 2012 prizes. The book distills the marvelous contributions of these and other celebrated game theorists and presents it in a way that can be easily understood even by senior undergraduate students.A unique feature of the book is its detailed coverage of mechanism design which is the art of designing a game among strategic agents so that a social goal is realized in an equilibrium of the induced game. Another feature is a large number of illustrative examples that are representative of both classical and modern applications of game theory and mechanism design. The book also includes informative biographical sketches of game theory legends, and is specially customized to a general engineering audience.After a thorough reading of this book, readers would be able to apply game theory and mechanism design in a principled and mature way to solve relevant problems in computer science (esp, artificial intelligence/machine learning), computer engineering, operations research, industrial engineering and microeconomics.

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Genre : Computers
Author : Y Narahari
Publisher : World Scientific
Release : 2014-03-13
File : 533 Pages
ISBN-13 : 9789814525060


Artificial Intelligence Game Theory And Mechanism Design In Politics

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This book explores how AI and mechanism design can provide a new framework for international politics. The international political system is all manners in which countries, governments and people relate. Mechanism design in international politics relates to identifying rules that define relationships between people and countries that achieve a particular outcome, e.g., peace or more trade or democracy or economic development. Artificial intelligence is technique of making machines intelligent. This book explores mechanism design and artificial intelligence in international politics and applies these technologies to politics, economy and society. This book will be of interest to scholars of international relations, politics, sustainable development, and artificial intelligence.

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Genre : Political Science
Author : Tshilidzi Marwala
Publisher : Springer Nature
Release : 2023-08-04
File : 221 Pages
ISBN-13 : 9789819951031


Game Theoretic Problems In Network Economics And Mechanism Design Solutions

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This monograph focuses on exploring game theoretic modeling and mechanism design for problem solving in Internet and network economics. For the first time, the main theoretical issues and applications of mechanism design are bound together in a single text.

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Genre : Mathematics
Author : Y. Narahari
Publisher : Springer Science & Business Media
Release : 2009-04-03
File : 274 Pages
ISBN-13 : 9781848009387


Mechanism Design For Total Quality Management Using The Bootstrap Algorithm For Changing The Control Game

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This PhD thesis contributes to the theory of information infrastructures by explaining how to use game theory and genetic algorithms for turning the pseudo-code of the bootstrap algorithm into proper code. The study is the first known study to analyse the bootstrap algorithm from an action research perspective, and it has become an important reference for further research on how to bootstrap information infrastructures.

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Genre : Business & Economics
Author : Petter Ogland
Publisher : Lulu.com
Release : 2017-11-27
File : 336 Pages
ISBN-13 : 9781387360024


Game Theory In Wireless And Communication Networks

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This unified 2001 treatment of game theory focuses on finding state-of-the-art solutions to issues surrounding the next generation of wireless and communications networks. The key results and tools of game theory are covered, as are various real-world technologies and a wide range of techniques for modeling, design and analysis.

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Genre : Business & Economics
Author : Zhu Han
Publisher : Cambridge University Press
Release : 2012
File : 555 Pages
ISBN-13 : 9780521196963


Mechanism Design Behavioral Science And Artificial Intelligence In International Relations

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Recent advances in AI and Mechanism Design provide a vital tool for solving collective action problems, common in international relations. By using AI to optimize mechanisms for cooperation and coordination, we can better address issues such as climate change, trade, and security. Mechanism Design, Behavioral Science and Artificial Intelligence in International Relations shows readers how the intersection of Mechanism Design and Artificial Intelligence is revolutionizing the way we approach international relations. By using AI to optimize mechanisms, we can design better institutions, policies, and agreements that are more effective and efficient. Dr. Tshilidzi Marwala, United Nations University Rector and UN Under-Secretary General, presents the essential technologies used in Game Theory, Mechanism Design and AI and applies these to significant global issues such as interstate conflict, cybersecurity, and energy. International relations are a complex field, with many different actors and interests in play. By incorporating AI into our analysis and decision-making processes, we can better understand and predict the behavior of multiple actors and design mechanisms that take these behaviors into account, thereby producing more desirable and creative interdisciplinary approaches. The book presents real-world applications of these rapidly evolving technologies in crucial research fields such as Interstate Conflict, International Trade, Climate Change, Water management, Energy, cybersecurity, and global finance. - Provides insights for computer scientists, researchers, practitioners, and policymakers on how to develop practical tools to solve many complex problems in international relations, such as climate change, cybersecurity, and interstate conflict - Presents the necessary computer science, mathematical methods, and techniques in AI, game theory, mechanism design, and algorithm development - Includes real-world applications of AI and mechanism design in a wide variety of research topics, such as international conflict, international trade, climate change, water management, energy management, cybersecurity, and global finance

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Genre : Mathematics
Author : Tshilidzi Marwala
Publisher : Elsevier
Release : 2024-07-23
File : 314 Pages
ISBN-13 : 9780443239830


Game Theory And Public Policy Second Edition

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This book provides a critical, selective review of concepts from game theory and their applications in public policy, and further suggests some modifications for some of the models (chiefly in cooperative game theory) to improve their applicability to economics and public policy.

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Genre : Business & Economics
Author : Roger A. McCain
Publisher : Edward Elgar Publishing
Release : 2015-12-18
File : 392 Pages
ISBN-13 : 9781784710903


Game Theory

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Here are some fundamental concepts and terms in game theory and economics: Game Theory: A branch of mathematics and economics that studies how people make decisions in strategic situations, where the outcome of one person's decision depends on the decisions of others. Players: Individuals, groups, or entities making decisions in a game. Each player typically has a set of possible actions they can take. Strategy: A plan of action for a player that specifies what they will do in each possible situation or contingency in the game. Payoff: The outcome or result that a player receives as a consequence of their actions and the actions of others in the game. Payoffs are often represented in terms of utility, profits, or some other measurable outcome. Nash Equilibrium: A concept in game theory where no player has an incentive to unilaterally change their strategy, given the strategies chosen by the other players. In other words, each player's strategy is optimal given the strategies chosen by the other players.

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Genre : Business & Economics
Author : Daniel Shore
Publisher : Freegulls Publishing House
Release :
File : 34 Pages
ISBN-13 :


Game Theory With Applications In Operations Management

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Genre :
Author : R. K. Amit
Publisher : Springer Nature
Release :
File : 246 Pages
ISBN-13 : 9789819948338


Proceedings Of 3rd International Conference On Mathematical Modeling And Computational Science

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The volume is a collection of high-quality, peer-reviewed research papers presented at the Third International Conference on Mathematical Modeling and Computational Science (ICMMCS 2023), held during 24 – 25 February 2023 in hybrid mode. The topics covered in the book are mathematical logic and foundations, numerical analysis, neural networks, fuzzy set theory, coding theory, higher algebra, number theory, graph theory and combinatory, computation in complex networks, calculus, differential educations and integration, application of soft computing, knowledge engineering, machine learning, artificial intelligence, big data and data analytics, high performance computing, network and device security, Internet of Things (IoT).

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Genre : Technology & Engineering
Author : Sheng-Lung Peng
Publisher : Springer Nature
Release : 2023-08-28
File : 559 Pages
ISBN-13 : 9789819936113