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Titlebook: Decision-Making under Uncertainty; Tapan Biswas Textbook 1997Latest edition Tapan Biswas 1997 agents.economic theory.economics.game theory

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書目名稱Decision-Making under Uncertainty
編輯Tapan Biswas
視頻videohttp://file.papertrans.cn/265/264353/264353.mp4
圖書封面Titlebook: Decision-Making under Uncertainty;  Tapan Biswas Textbook 1997Latest edition Tapan Biswas 1997 agents.economic theory.economics.game theory
描述This new text deals with topics that are at the core of microeconomic theory - the economics of uncertainty and the economics of games and decisions. It contains a chapter on non-expected utility theory and very up to date coverage of such topics as risk aversion, stochastic dominance and mean-variance utility theory as well as a number of chapters that discuss and illustrate the use of game theory in making decisions under uncertainty.
出版日期Textbook 1997Latest edition
關(guān)鍵詞agents; economic theory; economics; game theory; Microeconomic Theory; microeconomics; non-cooperative gam
版次1
doihttps://doi.org/10.1007/978-1-349-25817-8
copyrightTapan Biswas 1997
The information of publication is updating

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Non-Cooperative Game Theoryre for the mixed strategy, or optimal mixed strategy, as it is called. Consider a two-person zero-sum game (TZNC) with two players . and .. Denote the mixed strategies of the two players as . and .:.Given a pair of strategies (., .), the expected pay-offs of . and . are .′. and ?.′. respectively.
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Risk Aversion if he never accepts a fair bet. A person is called a risk lover if he always accepts a fair bet. If a person is always indifferent between accepting a fair bet and rejecting it, he is called a risk neutral person. Note, one may not belong to any of these three categories. Consider the following two
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