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Description - Differential Games in Economics and Management Science by Engelbert J. Dockner

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.

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Book Details

ISBN: 9780521637329
ISBN-10: 0521637325
Format: Paperback
(247mm x 174mm x 23mm)
Pages: 396
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 16-Nov-2000
Country of Publication: United Kingdom

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