A Course in Stochastic Game Theory: 103 (London Mathematical Society Student Texts, Series Number 103) - Image 1

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Cambridge University Press A Course in Stochastic Game Theory: 103 (London Mathematical Society Student Texts, Series Number 103)

Name: A Course in Stochastic Game Theory: 103 (London Mathematical Society Student Texts, Series Number 103)
Brand: Cambridge University Press
Price: 72.79 GBP
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Microeconomics

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Description

Stochastic games have an element of chance: the state of the next round is determined probabilistically depending upon players' actions and the current state. Successful players need to balance the need for short-term payoffs while ensuring future opportunities remain high. The various techniques needed to analyze these often highly non-trivial games are a showcase of attractive mathematics, including methods from probability, differential equations, algebra, and combinatorics. This book presents a course on the theory of stochastic games going from the basics through to topics of modern research, focusing on conceptual clarity over complete generality. Each of its chapters introduces a new mathematical tool – including contracting mappings, semi-algebraic sets, infinite orbits, and Ramsey's theorem, among others – before discussing the game-theoretic results they can be used to obtain. The author assumes no more than a basic undergraduate curriculum and illustrates the theory with numerous examples and exercises, with solutions available online.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1316516334
Category: Books > Subjects > Business, Finance & Law > Economics > Microeconomics
Domain: Amazon UK
Release Date: 26 May 2022
Listed Since: 03 November 2021

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Cambridge University Press A Course in Stochastic Game Theory: 103 (London Mathematical Society Student Texts, Series Number 103)

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