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A Course in Networks and Markets - Game-theoretic Models and Reasoning (Hardcover)
Loot Price: R1,365
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A Course in Networks and Markets - Game-theoretic Models and Reasoning (Hardcover)
Series: The MIT Press
Expected to ship within 9 - 15 working days
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Total price: R1,375
Discovery Miles: 13 750
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A graduate-level, mathematically rigorous introduction to strategic
behavior in a networked world. This introductory graduate-level
text uses tools from game theory and graph theory to examine the
role of network structures and network effects in economic and
information markets. The goal is for students to develop an
intuitive and mathematically rigorous understanding of how
strategic agents interact in a connected world. The text
synthesizes some of the central results in the field while also
simplifying their treatment to make them more accessible to
nonexperts. Thus, students at the introductory level will gain an
understanding of key ideas in the field that are usually only
taught at the advanced graduate level. The book introduces basic
concepts from game theory and graph theory as well as some
fundamental algorithms for exploring graphs. These tools are then
applied to analyze strategic interactions over social networks, to
explore different types of markets and mechanisms for networks, and
to study the role of beliefs and higher-level beliefs (beliefs
about beliefs). Specific topics discussed include coordination and
contagion on social networks, traffic networks, matchings and
matching markets, exchange networks, auctions, voting, web search,
models of belief and knowledge, and how beliefs affect auctions and
markets. An appendix offers a "Primer on Probability."
Mathematically rigorous, the text assumes a level of mathematical
maturity (comfort with definitions and proofs) in the reader.
General
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