A survey of dynamic games in economics
This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments while...
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| Format: | Electronic |
| Language: | English |
| Published: |
Singapore ; Hackensack, N.J. :
World Scientific Pub. Co.,
c2010.
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| Series: | Surveys on theories in economics and business administration ;
v. 1. |
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| Online Access: | https://ezaccess.library.uitm.edu.my/login?url=http://www.worldscientific.com/worldscibooks/10.1142/7577#t=toc |
Table of Contents:
- 1. Basic concepts. 1.2. What are dynamic games? 1.2. Open-loop Nash equilibirum and Markov-perfect Nash equilibrium. 1.3. Stackelberg equilibrium
- 2. Dynamic games in environmental economics. 2.1. Models of transboundary pollution and global warming. 2.2. Empirical models of transboundary pollution games. 2.3. Carbon taxes under bilateral monopoly. 2.4. International environmental agreements. 2.5. Taxation issues. 2.6. Environmental games with coupled constraints
- 3. Dynamic games in natural resources economics. 3.1. Renewable resources. 3.2. Non-renewable resources. 3.3. Related topics : Recycling, drug resistance, and pesticide resistance
- 4. Dynamic games in trade and development economics. 4.1. International oligopoly and trade policies. 4.2. Feedback trade policies under bilateral monopoly. 4.3. Time-inconsistency of open-loop trade policies. 4.4. Optimal export tax by a resource-exporting country. 4.5. Optimal tariff by resource-importing countries. 4.6. Foreign aid and capital flight from poor countries to rich countries
- 5. Dynamic games in industrial organization. 5.1. Dynamic oligopoly. 5.2. Extensions of dynamic oligopoly games. 5.3. R&D races and technology adoption
- 6. Dynamic games in public economics. 6.1. Contributions to a stock of public good. 6.2. Contributions to a discrete public good. 6.3. Corrective taxation with far-sighted firms. 6.4. Redistributive taxation. 6.5. Altruism, distributive justice, and intergenerational equity. 6.6. Fiscal competition and electoral incentives
- 7. Dynamic games in macroeconomics. 7.1. Macroeconomic policies. 7.2. Wealth distribution and endogenous property rights. 7.3. Capitalists versus workers.