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Theory and Decision Library C

Subgame Consistent Cooperation

A Comprehensive Treatise

Authors: Yeung, David W.K., Petrosyan, Leon A.

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  • Provides a comprehensive coverage of subgame consistent cooperation
  • Presents solution techniques for complex subgame consistent cooperation 
  • Equips readers to design sustainable collaboration plans
  • Illustrates applications in business, environmental study and public goods provision 
  • Enriches the study of cooperative dynamic games
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eBook 107,09 €
price for Spain (gross)
  • ISBN 978-981-10-1545-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-981-10-1544-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 135,19 €
price for Spain (gross)
  • ISBN 978-981-10-9382-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

Strategic behavior in the human and social world has been increasingly recognized in theory and practice. It is well known that non-cooperative behavior could lead to suboptimal or even highly undesirable outcomes. Cooperation suggests the possibility of obtaining socially optimal solutions and the calls for cooperation are prevalent in real-life problems. Dynamic cooperation cannot be sustainable if there is no guarantee that the agreed upon optimality principle at the beginning is maintained throughout the cooperation duration. It is due to the lack of this kind of guarantees that cooperative schemes fail to last till its end or even fail to get started. The property of subgame consistency in cooperative dynamic games and the corresponding solution mechanism resolve this “classic” problem in game theory.

            This book is a comprehensive treatise on subgame consistent dynamic cooperation covering the up-to-date state of the art analyses in this important topic. It sets out to provide the theory, solution techniques and applications of subgame consistent cooperation in a wide spectrum of paradigms for analysis which includes cooperative dynamic game models with stochastic state dynamics, with uncertain future payoffs, with asynchronous players’ horizons, with random cooperation duration, with control spaces switching and with transferable and nontransferable payoffs. The book would be a significant research reference text for researchers in game theory, economists, applied mathematicians, policy-makers, corporate decision-makers, and graduate students in applied mathematics, game theory, decision sciences, economics and management sciences.

About the authors

            

Reviews

      
“As a researcher in game theory and strategic relationships, I found this book a pioneering, fundamental and comprehensive treatise on dynamic cooperation theory and applications. The seminal concept of cooperative subgame consistency originated by the authors was expounded and applied in many scenarios and practical applications. It is not only an excellent reference but a classic to be of the field. With growing issues involving subgame inconsistency in intertemporal cooperation regionally and globally -- like global climate change treaties, Brexit, nuclear war threats, internal trade agreements – the book is deemed to be a must read for researchers and policy-makers. The book is truly a signal publication in mathematical and economic sciences with contributions deserving the award of world top prizes.” (Professor Sardar M N Islam, Professor of Business, Economics and Finance, College of Business Victoria University, Melbourne, Australia)      

Table of contents (15 chapters)

Table of contents (15 chapters)

Buy this book

eBook 107,09 €
price for Spain (gross)
  • ISBN 978-981-10-1545-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-981-10-1544-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 135,19 €
price for Spain (gross)
  • ISBN 978-981-10-9382-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Subgame Consistent Cooperation
Book Subtitle
A Comprehensive Treatise
Authors
Series Title
Theory and Decision Library C
Series Volume
47
Copyright
2016
Publisher
Springer Singapore
Copyright Holder
Springer Science+Business Media Singapore
eBook ISBN
978-981-10-1545-8
DOI
10.1007/978-981-10-1545-8
Hardcover ISBN
978-981-10-1544-1
Softcover ISBN
978-981-10-9382-1
Series ISSN
0924-6126
Edition Number
1
Number of Pages
XIV, 520
Number of Illustrations
23 b/w illustrations
Topics