Overview
Develops a new and cohesive treatment of the theory of monotone games
Focuses on identifying unifying threads across games with strategic complements, games with strategic substitutes, and combinations of the two
Presents many applications in different areas
Includes new material previously available only in professional journals
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Table of contents (5 chapters)
Keywords
About this book
This Palgrave Pivot examines monotone games and studies incentives and outcomes when there are multiple players, and how the decision of each player affects the well-being of others in particular ways. Games with strategic complements exhibit codirectional incentives, or incentives for each player to move in the same direction as other players. Games with strategic substitutes exhibit contradirectional incentives, or incentives for each player to move in the direction opposite to other players. Monotone games include both types of players: some players have incentives to move in the same direction as other players and some players have incentives to move in the direction opposite to other players.
This book develops the theory of monotone games in a new and unified manner and presents many applications. Incentives and outcomes studied in monotone games occur in a variety of disciplines, including biology, business, computer science, economics, mathematics, medicine, philosophy, political science, and psychology, among others. The book identifies unifying threads across different cases, showing how newer results are similar to or different from previous results, and how readers may better understand them under the umbrella of monotone games.Authors and Affiliations
About the author
Tarun Sabarwal is a Professor of Economics at University of Kansas and Director of Center for Analytical Research in Economics. Also, he is an Economic Theory Fellow of the Society for Advancement of Economic Theory.
Bibliographic Information
Book Title: Monotone Games
Book Subtitle: A Unified Approach to Games with Strategic Complements and Substitutes
Authors: Tarun Sabarwal
DOI: https://doi.org/10.1007/978-3-030-45513-2
Publisher: Palgrave Pivot Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-45512-5Published: 27 October 2020
Softcover ISBN: 978-3-030-45515-6Published: 27 October 2021
eBook ISBN: 978-3-030-45513-2Published: 26 October 2020
Edition Number: 1
Number of Pages: XIII, 165
Number of Illustrations: 6 b/w illustrations
Topics: Game Theory, Game Theory, Economics, Social and Behav. Sciences