The author introduces the model of an environmentally differentiated duopoly, in order to explicitly analyse the strategic interaction within such a market. He studies in detail the effects of environmental product standards, eco-labels,...
This book presents Martin Shubik’s important contribution to the development of game theory, and shows how game theory methods can be used in the study of prices, money and financial institutions.
Economic Games and Strategic Behaviour is a seminal volume which introduces a model providing solutions to economic games subject to repeated play. It develops a link between strategic bargaining and the theory of self-enforcing contrac...
Game theory has emerged as a powerful new tool in environmental economics, especially in the study of transboundary pollution problems such as global warming and acid rain. This is the first book specifically concerned with this expandin...
The structures of the world’s national and international, political and economic institutions have largely resulted from intuitive and ad-hoc organization with reforms taking place on a costly trial-and-error basis. This book offers a c...
At the cutting edge of current modelling in international relations using non-cooperative game theory, this collection of original contributions from political scientists and economists explores some of the fundamental assumptions of gam...