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noncooperative equilibrium

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  • Epsilon-equilibrium — A solution concept in game theory Relationships Superset of Nash Equilibrium Significance Used for …   Wikipedia

  • Coalition-proof Nash equilibrium — The concept of coalition proof Nash equilibrium applies to certain noncooperative environments in which players can freely discuss their strategies but cannot make binding commitments [1]. It emphasizes the immunization to deviations that are… …   Wikipedia

  • game theory — a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints, as the rules of a card game: widely applied in the solution of various decision making problems, as those of military… …   Universalium

  • Game theory — is a branch of applied mathematics that is used in the social sciences (most notably economics), biology, engineering, political science, computer science (mainly for artificial intelligence), and philosophy. Game theory attempts to… …   Wikipedia

  • Mathematical economics — Economics …   Wikipedia

  • Nobel Prizes — ▪ 2009 Introduction Prize for Peace       The 2008 Nobel Prize for Peace was awarded to Martti Ahtisaari, former president (1994–2000) of Finland, for his work over more than 30 years in settling international disputes, many involving ethnic,… …   Universalium

  • Dollar auction — The dollar auction is a non zero sum sequential game designed by economist Martin Shubik to illustrate a paradox brought about by traditional rational choice theory in which players with perfect information in the game are compelled to make an… …   Wikipedia

  • Auction theory — is an applied branch of game theory which deals with how people act in auction markets and researches the game theoretic properties of auction markets. There are many possible designs (or sets of rules) for an auction and typical issues studied… …   Wikipedia

  • JEL classification codes — Articles in journals are usually classified according to the system used by the Journal of Economic Literature (JEL). The JEL is published quarterly by the American Economic Association and contains survey articles and information on recently… …   Wikipedia

  • John von Neumann — Von Neumann redirects here. For other uses, see Von Neumann (disambiguation). The native form of this personal name is Neumann János. This article uses the Western name order. John von Neumann …   Wikipedia

  • Roger Myerson — Infobox Scientist name = Roger Myerson image size = 180px birth date = birth date and age|1951|3|29 birth place = Boston, Massachusetts residence = Chicago, Illinois, USA nationality = United States field = Economics work places = University of… …   Wikipedia

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