Book Description
Evolutionary game theory is one of the most active and rapidly growing areas of research in economics. Unlike traditional game theory models, which assume that all players are fully rational and have complete knowledge of details of the game, evolutionary models assume that people choose their strategies through a trial-and-error learning process in which they gradually discover that some strategies work better than others. In games that are repeated many times, low-payoff strategies tend to be weeded out, and an equilibrium may emerge.
Larry Samuelson has been one of the main contributors to the evolutionary game theory literature. In Evolutionary Games and Equilibrium Selection, he examines the interplay between evolutionary game theory and the equilibrium selection problem in noncooperative games. After an overview of the basic issues of game theory and a presentation of the basic models, the book goes on to discuss evolutionary stability, the dynamics of sample paths, the ultimatum game, drift, noise, backward and forward induction, and strict Nash equilibria.
Customer Reviews:
Excellent!.......2000-07-27
During the work on my master thesis ("Learning in strategic games") i bought several books about the topic. This is the one of them. This book has lots of theory in it and don't try reading if you are not mathematician with solid understanding of classic game theory concepts and theorems. However, this book gives also very good ides for practical usage (I was writing a C program and I used some of these ideas to make mty learning more sophisticated).
Book Description
This digital document is a journal article from Journal of Economic Theory, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
We consider a simple model of stochastic evolution in population games. In our model, each agent occasionally receives opportunities to update his choice of strategy. When such an opportunity arises, the agent selects a strategy that is currently optimal, but only after his payoffs have been randomly perturbed. We prove that the resulting evolutionary process converges to approximate Nash equilibrium in both the medium run and the long run in three general classes of population games: stable games, potential games, and supermodular games. We conclude by contrasting the evolutionary process studied here with stochastic fictitious play.
Book Description
This digital document is an article from Southern Economic Journal, published by Southern Economic Association on April 1, 1998. The length of the article is 1336 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Evolutionary Games and Equilibrium Selection. (book reviews)
Author: Claudio Mezzetti
Publication:
Southern Economic Journal (Refereed)
Date: April 1, 1998
Publisher: Southern Economic Association
Volume: v64
Issue: n4
Page: p1019(3)
Article Type: Book Review
Distributed by Thomson Gale
Book Description
This digital document is a journal article from Journal of Economic Theory, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
We study the implementation of efficient behavior in settings with externalities. A planner would like to ensure that a group of agents make socially optimal choices, but he only has limited information about the agents' preferences, and can only distinguish individual agents through the actions they choose. We describe the agents' behavior using a stochastic evolutionary model, assuming that their choice probabilities are given by the logit choice rule. We prove that there is a simple price scheme with the following property: regardless of the realization of preferences, a group of agents subjected to the price scheme will spend the vast majority of time in the long run behaving efficiently. The price scheme defines a game that may possess multiple equilibria, but we are able to obtain a unique and efficient selection from this set because of the stochastic nature of the agents' choice rule. We conclude by comparing the performance of our price scheme with that of VCG mechanisms.
Book Description
This digital document is a journal article from Games and Economic Behavior, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
We derive some simple formulas for limiting stationary distributions for models of stochastic evolution in two-strategy population games. As an application of these formulas, we investigate the robustness of equilibrium selection results to the assumption that the level of noise in agents' choice rules is vanishingly small.
Average customer rating:
|
Jews and Money; Towards a Metaphysics of Money
Edouard Valdman
Manufacturer: Schreiber Publishing, Inc.
ProductGroup: Book
Binding: Paperback
 Money & Monetary Policy
| Economics
| Business & Investing
| Subjects
| Books
General
| Jewish
| World
| History
| Subjects
| Books
General
| Philosophy
| Nonfiction
| Subjects
| Books
General
| Social Sciences
| Nonfiction
| Subjects
| Books
General
| Judaism
| Religion & Spirituality
| Subjects
| Books
ASIN: 1887563571 |
Book Description
This book presents an original approach to the philosophical nature of money, and to the role of the jew in the world seen in a new light.
Average customer rating:
|
Selecting and Working With Consultants: A Guide for Clients (The Fifty-Minute Series)
Thomas Ucko
Manufacturer: Crisp Publications
ProductGroup: Book
Binding: Paperback
General
| Business & Investing
| Subjects
| Books
Consulting
| Industries & Professions
| Business & Investing
| Subjects
| Books
Management & Leadership
| Business & Investing
| Subjects
| Books
| Business Ethics
| Consolidation & Merger
| Decision-Making & Problem Solving
| Distribution & Warehouse Management
| Industrial
| Information Management
| Leadership
| Management
| Management Science
| Motivational
| Negotiating
| Operations Research
| Planning & Forecasting
| Pricing
| Production & Operations
| Project Management
| Quality Control
| Risk Assessment
| Statistics
| Strategy & Competition
| Systems & Planning
| Systems Analysis
| Teams
| Total Quality Management
| Training
Similar Items:
-
The Personal Touch: What You Really Need to Succeed in Today's Fast Paced Business World
ASIN: 0931961874 |
Book Description
Locate, interview, select and evaluate the most appropriate consultant for any job.
Average customer rating:
- Excellent piece of work!...Strictly for the busy professional!
|
Make Your Ideas Mean Business
Manufacturer: BookSurge Publishing
ProductGroup: Book
Binding: Paperback
General
| Business & Investing
| Subjects
| Books
Management
| Management & Leadership
| Business & Investing
| Subjects
| Books
General
| Small Business & Entrepreneurship
| Business & Investing
| Subjects
| Books
Similar Items:
-
The Perfect Brainstorm: Getting the Most Out Of Brainstorming Sessions
ASIN: 1588987841
Release Date: 2002-12-03 |
Product Description
Fresh ideas are crucial to the success of any business. You have a lot of ideas to make your job more productive and satisfying. How do you get your ideas down on paper, then organize them?
"Make Your Ideas Mean Business" is a practical guide for creating and developing ideas. The focus is on the workplace - and on results! Putting this book to work will give you the tools, checklists, and exercises you need for productive brainstorming.
This book is for everyone who wants a valuable toolkit to use in problem solving, strategic planning, quality improvement, knowledge management, and more. This book can help you develop new products and services, and boost productivity.
To ignite new ideas, Wild Ideas at Your Fingertips is part of this book. You'll find word tables with over 74,000,00 ideas for new Information, Hard Goods, and Powered Objects.
"Make Your Ideas Mean Business" also shows you simple, direct ways to help your co-workers master creative skills. You will be able to unleash your leadership ability and creative energies at the same time.
Dynamic creativity tools combine classic brainstorming techniques with contemporary management thought. The result is a challenging, rewarding learning experience. Everyone should keep "Make Your Ideas Mean Business" within easy reach at work!
Customer Reviews:
Excellent piece of work!...Strictly for the busy professional!.......2006-07-20
This book was published about four years ago but it has only caught my eye very recently.
At first glance, it is probably the only recent creativity book that I have read so far that contains no pictorial or graphic llustrations. It is relatively text heavy, but straight-to-the-point, content-wise.
Surprisingly, there is no bio-data about the author & his work. I find this very strange. The usual credits are also missing.
The bibliography is sketchy, too.
In a nutshell, these are the chapters of the book:
Part I: The Basics of Onnovation
Chapter 1: Brainstorming, Why & How;
Chapter 2: Clarify for Shared Meaning;
Chapter 3: The Joy of Sorting;
Chapter 4: Selection & the Art of Motorcycle Maintenance;
Chapter 5: Level the Playing field;
Part II: Where the Ideas Are
Chapter 6: Focus on Purpose;
Chapter 7: Welcome to the Performance Gap;
Chapter 8: Scotty, Give me Maximum Process;
Chapter 9: That's Why They Play the Game;
Chapter 10: Everything Old Just gets Old;
Part III: Mindblowing Thoughts for the Read World
Chapter 11: Welcome to the Idea Jungle;
Chapter 12: Like Money in the Idea Bank;
Chapter 13: Playing the Meeting Market;
Chapter 14: Passing It On;
However, & to my relief, the book has been very clearly & concisely written for the busy professional, who demands a systematic approach to problem/opportunity finding. In other words, this book is designed precisely as a workplace toolkit.
To maintain brevity, the author has narrowed down the creative cycle to four refreshing steps:
- brainstorming, using a disciplined set of tools outlined in the book;
- clarifying for shared meaning;
- sorting random batches of ideas & organising them into categories;
- selecting ideas for implementation;
Although the tools outlined in the book are not ground breaking, the author's presentation of them is commendable. In fact, there are the usual classic tools one would find in most creativity books. What the author has done specifically is adapting & synthesising them for business users to direct all creative efforts appropriately towards these strategic areas (of opportunity), within the context of the organisation's mission & vision:
- establishing purposes;
- defining gaps;
- improving processes;
- anticipating events;
- changing structures;
In this respect, the author has drawn some inspiration from Peter Drucker's pioneering work in innovation, management thinking & business leadership.
Additionally, what I like about the book is the numerous idea bank worksheets & checklist directions. They are well crafted by the author for use in a team setting.
The 'Wild Ideas at your Fingertips' at the end of the book is my favourite.
The author has also conveniently incorporated a Getting Started Checklist to help you start putting his tools to work immediately as follows:
1. Supply of sticky notes, index cards, or paper for Idea Cards;
2. Flipchart, whiteboard, bulletin board, or wall to post Idea Cards;
3. Pens, pencils, and other writing instruments;
4. Tape if not using sticky notes;
5. Information about your organization and workplace (e.g. Mission and Vision Statements);
6. Gather a wide mix of information that interests you e.g. newspapers, magazines, books, posters;
7. Printed copies of Idea Bank Worksheets and Directions from the book;
Although the book mentions a website (brainstormingAtWork) to go to, it is a dead end. What a disappointment! Even the link to the author at the publisher/distributor's website (BookSurge) also draws a blank. I am quite puzzled. When I read, I often like to know the author's biography & background as well as also to peek into his references/bibliography to see who & what had influenced him.
For a quick, no-frills but systematic approach to problem/opportuntiy finding in the real world, this is one marvellous book to read/digest/work with.
To conclude my review, I reluctantly give this book a rating of 5 because it lives up to its title, Make Your Ideas Mean Business. In reality, I am very inclined to give it a rating of 4 in the light of the missing details.
Product Description
Event planners have an exciting, high-paying job that allows them to use their creativity to organize fun and important events such as fairs and festivals, charity fundraisers, parties, conferences, meetings, grand openings, political events, trade shows, reunions and more. In this book, successful event planners share insider tips and expert advice on how to break into event planning. You will learn step-by-step how to plan an event (including how to get sponsors and celebrities for the event). The book includes information about more than a dozen types of organizations that hire event planners and the best ways to contact them, where event planning jobs are advertised, what employers look for, how to prepare a resume that stands out, plus other ways to find a job. You will learn how to get practical experience, and create an impressive portfolio even with no previous experience. The book also explains how to start an event planning business for little or no money. It covers: potential clients, marketing, pricing, and where to get creative ideas for events. Also included are valuable resources for event planners, information to become certified as a professional event planner, and more. The CD-ROM that comes with the book includes many helpful samples and checklists that can be used to plan events.
Book Description
Event planners have an exciting, high-paying job that allows them to use their creativity to organize fun and important events such as fairs and festivals, charity fundraisers, parties, conferences, meetings, grand openings, political events, trade shows, reunions and more.
In this book, successful event planners share insider tips and expert advice on how to break into event planning. You will learn step-by-step how to plan an event (including how to get sponsors and celebrities for the event).
The book includes information about more than a dozen types of organizations that hire event planners and the best ways to contact them, where event planning jobs are advertised, what employers look for, how to prepare a resume that stands out, plus other ways to find a job. You will learn how to get practical experience, and create an impressive portfolio even with no previous experience.
The book also explains how to start an event planning business for little or no money. It covers: potential clients, marketing, pricing, and where to get creative ideas for events. Also included are valuable resources for event planners, information to become certified as a professional event planner, and more.
The CD-ROM that comes with the book includes many helpful samples and checklists that can be used to plan events.
Customer Reviews:
OK but not what I expected.......2004-12-23
Contained some good information but not as comprehensive as the Ultimate Guide.
Fabulous information!.......2004-10-20
This book is fabulous!
It is full of useful and helpful information from finding venues and how to work with suppliers to where to find clients and how to promote yourself.
The CD-ROM included with the book has so many marvellous sample forms (from sample contracts to sample reference letters and sample invoices) that saved me many hours of time. All I had to do with the forms was to insert my information into them to make them my own.
The other great thing about this book is that it can be applied to any occassion or special event so I am able to use it for information whether I am planning a child's birthday party for a client or an AGM for a corporation.
I have read several other books on Event Planning but the FabJob book encompasses everything I needed to know to get started. Highly recommended!
PS Although the book touches on all events, including weddings, for additional details and advice on Weddings I also bought their FabJob Guide to Become a Wedding Planner which I also recommend if you are planning on incorporating wedding planning into your business as well.
Customer Reviews:
Just ask.......2003-12-05
Fantastic Discounts and Deals for Anyone Over 50! is packed with dozens of discounts on all sorts of products and services. Only $9.95, you'll get your money back in no time at all. Right after reading it I noticed a number of discounts we could take advantage of, many I would never have thought of. Anyone who is at least 50 years old and interested in saving money should have a copy.
Fantastic Discounts & Deal for Anyone Over 50.......2003-09-18
This is an absolute money saver. The author has done her homework.
Book Description
This book explores corporate purpose—a company’s expressed overriding reason for existing—and its effect upon strategy, executive leadership, employees, and, ultimately, on competitive performance. Sharply challenging the conventional wisdom that corporations should be dedicated to shareholder wealth creation, the author presents a compelling argument that the path to competitive advantage and outstanding long-term financial performance lies instead in a customer-focused corporate purpose.
The book is in four parts. Part I shows how corporate purpose exerts a powerful effect on strategy, management, and the meaning employees derive from their work. A customer-focused purpose harmonizes these critical factors and enables leaders to push strategic thinking deeper into the organization and at the same time to grant employees a greater degree of autonomy. In contrast, a goal of maximizing shareholder wealth sows the seeds of conflict among the market-oriented purpose, product-focused strategies, and the individual values of employees.
Part II critiques the logic of “value-based management” and the relationship of the firm to the equity markets. It explores the validity of extending traditional concepts of property rights to share ownership, concluding that the separation of stock ownership from the responsibility for, and managerial control over, corporate actions makes traditional property rights arguments inapplicable to the underlying assets of a corporation.
Part III examines the functioning of corporate purpose in a global economy. When a firm operates globally, purpose needs to retain its motivational power across national boundaries, which a shareholder-focused purpose does not do.
Part IV explores the implications of corporate purpose for leaders, arguing that infusing an organization with a worthy purpose is an essential responsibility of leadership. Purpose is the foundation for the shared values that define organizational character, raise moral aspirations, and enhance performance. Drawing upon a wide range of thought from the world of business as well as from historical studies, cultural anthropology, philosophy, theology, and psychology, Leading with Purpose is sure to be an essential text as businesses move into the twenty-first century.
Customer Reviews:
Many ideas for improving performance.......2004-01-30
Corporations exist to produce goods and services that serve the needs of present and future customers. In the intensely competitive knowledge-based markets, change is shaking the very foundations of enterprises. Labor-cost advantages are giving way to capital and knowledge-based advantages; intellectual capital is replacing financial capital. This has caused some corporations to ask why they should exist, who they are, where they want to be, and how they plan to get there in order to work out a strategy for competitive performance that affects the whole organization including choice of leadership and relationships with employees. Ellsworth argues that serving customers' interests, followed closely by attending to needs of employees, will provide competitive advantage in the future. Companies seeking to maximize shareholder wealth may lose out to companies serving society at lower returns, or to companies competing by different rules or evaluating investments on different criteria. If a western company abandons a project with substandard returns it may lose long-term competitiveness in that market, but the alternative is, in effect, the conscious destruction of short-term shareholder value to prevent a deteriorating market position. The victors will be those companies that promote the greatest number of competitive strategies that focus resources, decisions and efforts on securing greater competitiveness.
Employers play an increasing importance in the lives of employees as people need to believe in something greater than themselves; corporations are having to take on responsibilities that religion had in the past by creating an environment that serves worthwhile purposes, supports creativity and accomplishment, and encourages personal growth. Such a climate generates commitment, individual initiative, and an ever-improving workforce that are the well springs of competitiveness. Competition, the dizzying pace of change, rapid technological innovation, and the increasing complexity of doing business, require a significant rethinking of traditional ways of managing employees. On the one hand a new contract has emerged which says: "There is no job security here. You will have a job as long as you find ways to add value. In return for your value added, the company will provide the experience and training needed to enhance your skills and, if necessary, to enable you to be employable elsewhere. You will receive compensation that reflects your contribution." On the hand, as knowledge becomes ever more critical to performance, the motivation, loyalty and stability of the workforce become increasingly important. Loyalty requires an environment where members think for themselves, candidly stick up for their ideas and challenge conventional wisdom; loyalty is inextricably intertwined with individual initiative, creativity, and openness in the decision-making process. True loyalty will be given only if the organization's purpose is deemed worthy of attachment and devotion.
After defining the problems of being competitive in the new environment, the author provides a winning ideology for the 21st century, provides guidelines for arriving at a mission of meaning and value and details the ground rules for leadership, for attracting and retaining high-caliber personnel and for motivating employees. It is difficult to imagine anyone who would not come away with ideas for improvement after reading this book.
Excellent information on purpose, vision, & strategic intent.......2003-03-26
If you are looking for a book with excellent content regarding purpose, vision, mission, and strategic intent then I think you will find this book is right on the mark. Chapter 3 is especially good with excellent definition, examples, and perspective. I have to back off of five stars, as the author's emphasis on customer versus shareholder focus becomes a monotonous rant after you heard the message the first fifty times. With the exception of that constant hum, I found the book very readable with lots of pertinent and important information on the subjects of leadership and purpose.
Threatening prospects for the US economy in the 21st century.......2002-12-04
Dr. Ellsworth's book is most illuminating, and offers an informative explanation for the current economic dilemas of Japan, Korea, and Germany, and offers an insight to the possible decline of the U.S. economy by 2025. The book provides historical backgrounds on the aformentioned countries that determined our economic philosophy, and offers a most disturbing outlook for the U.S. economy should we not change our focus from the current ROA driven ends, to a more sustainable investment philosophy via our workforce, Research and Development, innovation, education, national savings rate, etc. The writing is on the wall, and if we don't pay attention and make the changes that we need to make individually and as a nation, the U.S. will fall from it's perch of being the leading economic nation to that of number two or three. The book is currently used in graduate studies, and I strongly recommend the book to anyone who cares.
Books:
- Fairness and Efficiency in the Flat Tax
- Feminist Economics Today: Beyond Economic Man
- Foreign Exchange Intervention as a Monetary Policy Instrument: Evidence for Inflation Targeting Countries (ZEW Economic Studies)
- Formal Demography (Demographic Methods and Population Analysis Ser.)
- From Knowledge to Intelligence: Creating Competitive Advantage in the Next Economy
- Gaining Influence in Public Relations: The Role of Resistance in Practice (Lea's Communication Series) (Lea's Communication Series)
- Geometric Data Analysis: From Correspondence Analysis to Structured Data Analysis
- Globalization, Growth, and Poverty: Building an Inclusive World Economy (World Bank Policy Research Report)
- Globalization in Question: The International Economy and the Possibilities of Governance
- Globalizing Rights: The Oxford Amnesty Lectures 1999 (Oxford Amnesty Lectures)
Books Index
Books Home
Recommended Books
- Guess How Much I Love You
- Flags of Our Fathers
- Computer-Aided Econometrics
- Downsize This! Random Threats from an Unarmed American
- Entrepreneur's Notebook: Practical Advice for Starting a New Business Venture
- Dead in the Water: A Novel
- Basic Spanish- Text and CD-ROM PKG
- Time for a Model Change: Re-engineering the Global Automotive Industry
- Essential Managers: Managing Budgets
- Death in Midsummer: And Other Stories
Individual Strategy and Social Structure: An Evolutionary Theory of Institutions
Evolutionary Game Theory
Repeated Games and Reputations: Long-Run Relationships
Evolutionary Games and Population Dynamics
Evolutionary Dynamics: Exploring the Equations of Life
![Evolution in games with randomly disturbed payoffs [An article from: Journal of Economic Theory]](http://ec1.images-amazon.com/images/I/2138W8KN17L.jpg)
![Simple formulas for stationary distributions and stochastically stable states [An article from: Games and Economic Behavior]](http://ec1.images-amazon.com/images/I/21JX64QDH5L.jpg)
