Item description for Index and Stability in Bimatrix Games: A Geometric-Combinatorial Approach (Lecture Notes in Economics and Mathematical Systems) by H. Arndt von Schemde...
The index of an equilibrium in a game gives information about the "stability" of the equilibrium, for example with respect to game dynamics. Unfortunately, index theory is often very technical. This book presents a new geometric construction that visualises the index in an intuitive way. For example, a 3n game, for any n, can be represented by a figure in the plane, from which one can read off any equilibrium, and its index as a geometric orientation. With this insight, the index can be characterised in strategic terms alone. Moreover, certain "hyperstable" equilibrium components are seen to have nonzero index. The construction gives an elementary proof that two-player games have a Nash equilibrium, and, in an unusual direction, the powerful fixed point theorem of Brouwer.
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Est. Packaging Dimensions: Length: 9.2" Width: 6.1" Height: 0.5" Weight: 0.55 lbs.
Release Date Sep 21, 2005
ISBN 3540263667 ISBN13 9783540263661
Availability 72 units. Availability accurate as of May 24, 2017 02:36.
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