A01=Lester Telser
advanced economic coalition models
Army Signal Service
Author_Lester Telser
avoidable
Avoidable Cost
avoidable cost modelling
Binary Programming
BP
Brouwer's Fixed Point Theorem
Brouwer’s Fixed Point Theorem
Category=KCA
Category=KCC
Category=KCP
coalition formation
complementary
Complementary Slackness
Constrained Maximum Problem
cooperative game theory
Core Constraints
cost
Cournot Nash Equilibria
dual
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exogenous Uncertainty
expected
functions
Joint Profit Maximum
market equilibrium analysis
Mixed Equilibrium
multiproduct cost structures
Non-cooperative Equilibrium
Non-zero Sum Game
Noncooperative Equilibria
noncooperative equilibrium critique
Noncooperative Model
Nonempty Core
Nonzero Sum Games
Pr Ic
problem
Research Outlay
return
Sealed Bid Auction
slackness
Strongly Concave
Superadditive Function
Utility Indicator
valuation
Violates
Product details
- ISBN 9780415493659
- Weight: 730g
- Dimensions: 156 x 234mm
- Publication Date: 30 Jan 2009
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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An important tenet of game theory, core theory has nonetheless been all but ignored by the mainstream. Its basic premise is that individuals band together in order to promote their interests as much as possible. The return to an individual depends on competition among various coalitions for its membership, and a group of people can obtain a joint maximum by suitable coordinated actions.
In this key title, Lester Telser investigates the following issues:
- Markets
- Multiproduct Industry Total Cost Functions with Avoidable Costs
- Critical Analyses of Noncooperative Equilibria.
Through these distinct sections, Telser skilfully brings the ideas of core theory to bear on a range of issues within economics – with particular emphasis on supply and demand and the way markets function.
Lester G. Telser is Emeritus Professor Economics at the University of Chicago, USA.
