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Eco514Game Theory Lecture 3: Nash Equilibrium Marciano Siniscalchi September 23, 1999 Introduction Nash equilibrium has undoubtedly proved to be the most influential idea in game theory. enabled fundamental breakthroughs in economics and the social sciences. Its development was a major intellectual achievement; what is perhaps more important, it Recent foundational research has emphasized the subtleties in the interpretation of Nash
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微观经济学的形成 市场需求理论的现代理论是以 Alfred Marshall(1842- 1924)建立的体系为依据的,他的代表作是1890年的 Principles of Economics《经济学原理》, 古典学派的创始人是 Adam Smith(1723-1790):他 的代表作是 An Inquiry into Nature and Causes of the Wealth of Nation《国民财富的性质和原因的研究》
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Signaling games are used to model the following situation: Player 1, the Sender, receives some private information and sends a message m E M to Player 2, the Receiver. The latter, in turn, observes m but not 0, and chooses response r E R. Players'payoffs depend on 0, m and r. What could be simpler? Yet, there is a huge number of economically interesting games that fit nicely within this framework: Spence's job market signaling model is the leading example, but applications abound in IO (limit pricing, disclosure...) finance (security design) and political economics
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THE TWO BASIC INVESTMENT CONCERNS PROFITABILITY (HOW MUCH MONEY WILL I MAKE?) risK (WHAT ARE MY CHANCES OF MAKING IT?)
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Nash equilibrium has undoubtedly proved to be the most influential idea in game theory. enabled fundamental breakthroughs in economics and the social sciences. Its development was a major intellectual achievement; what is perhaps more important, it Recent foundational research has emphasized the subtleties in the interpretation of Nash equilibrium. This lecture deals with the technical details of equilibrium analysis, but also with these interpretational issues. However, a more precise appraisal of the situation must
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The vast majority of games of interest in economics, finance, political economy etc. involve some form of payoff uncertainty. A simple but interesting example is provided by auctions: an object is offered for sale, and individuals are required to submit their bids in sealed envelopes. The object is then allocated to the highest bidder at a price which depends on every bid, according to some prespecified rule (e.g. \first-price\ or \second-price\rule). In many circumstances (e.g. mineral rights auctions)it is reasonable to assume that the value
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内容:导论、政府与资源分配、公共物品理论、外部效应理论
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复旦大学经济学院:《发展经济学 Economics of Development》教学资源_课题讨论题参考答案
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复旦大学经济学院:《发展经济学 Economics of Development》教学资源_课堂作业
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CH.1.经济发展导论 CH.2. 发展优势理论 CH.3. 经济增长理论 CH.4. 企业与企业发展 CH.5. 先发企业与创新 CH.6. 模仿与后发企业的后发效应 CH.7. 农业发展与工业化 CH.8. 二元经济模型 CH.9. 二元区域经济 CH.10. 收入分配,贪困与福利 CH.11. 贸易与发展 CH.12. 金融发展-发展金融学
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