Does Game Theory Work? The Bargaining Challenge (Economic Learning and Social Evolution)
By Ken Binmore
* Publisher: The MIT Press
* Number Of Pages: 400
* Publication Date: 2007-04-02
* Sales Rank: 384611
* ISBN / ASIN: 0262026074
* EAN: 9780262026079
* Binding: Hardcover
* Manufacturer: The MIT Press
* Studio: The MIT Press
Book Description:
This volume brings together all of Ken Binmore's influential experimental papers on bargaining along with newly written commentary in which Binmore discusses the underlying game theory and addresses the criticism leveled at it by behavioral economists.
When Binmore began his experimental work in the 1980s, conventional wisdom held that game theory would not work in the laboratory, but Binmore and other pioneers established that game theory can often predict the behavior of experienced players very well in favorable laboratory settings. The case of human bargaining behavior is particularly challenging for game theory. Everyone agrees that human behavior in real-life bargaining situations is governed at least partly by considerations of fairness, but what happens in a laboratory when such fairness considerations supposedly conflict with game-theoretic predictions? Behavioral economists, who emphasize the importance of other-regarding or social preferences, sometimes argue that their findings threaten traditional game theory. Binmore disputes both their interpretations of their findings and their claims about what game theorists think it reasonable to predict.
Binmore's findings from two decades of game theory experiments have made a lasting contribution to economics. These papers--some coauthored with other leading economists, including Larry Samuelson, Avner Shaked, and John Sutton--show that game theory does indeed work in favorable laboratory environments, even in the challenging case of bargaining.
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Essays on Accounting Theory in Honour of Joel S. Demski
* Publisher: Springer
* Number Of Pages: 326
* Publication Date: 2006-11-15
* Sales Rank: 1558009
* ISBN / ASIN: 0387303979
* EAN: 9780387303970
* Binding: Hardcover
* Manufacturer: Springer
* Studio: Springer
Book Description:
Essays on Accounting Theory in Honour of Joel S. Demski is a collection of previously unpublished essays on accounting theory. The contributors are students, collaborators, colleagues and friends of Professor Joel S. Demski. Most of the contributors share Professor Demski’s view of accounting as the production and consumption of a very special and powerful economic good called information. Like Professor Demski, they also prefer an economic analytic approach to accounting theory. However, some contributors have chosen other perspectives on the field of accounting.
The book also contains an extensive review of Professor Demski’s own contributions, to the theory of accounting over the past four decades, written by Jerry Feltham, professor emeritus at the University of British Columbia. The integration of Accounting and the Economics of information worked out by Joel Demski and those he inspired has revolutionized accounting thought.
# Title: Access for All: Building Inclusive Financial Systems
# Author: Brigit Helms
# URL: http://www.amazon.com/exec/obidos/AS...ebooksclub-20/
# ISBN: 0821363603
# Publisher: World Bank Publications
# Book Binding: Paperback
# Price: $30.00
# Average Customer Review: N/A
# Category: Banks & Banking
# Language: English
# Format: PDF
# Pages: 184 pages
# Size: 3.61 MB
# Summary: In the past ten years, the world of microfinance has changed dramatically. The field has moved rapidly from early innovations in providing loans to help poor entrepreneurs start businesses to a bold vision of creating entire financial systems that work for the poor. Microfinance has proven to be an effective tool for reducing poverty and helping poor people to improve their lives. And yet a diverse range of potential clients still lack access to an array of financial services ? not just credit for enterprise but also a safe place to save, the ability to transfer funds to family members, insurance against sickness or other household disasters, and other ways to mitigate risk in vulnerability. The challenge today is to engage more types of distribution systems, more technologies and more talent to create financial systems that work for the poor and boost their contribution to economic growth. This title explains what this new vision of microfinance means in practical, non-technical terms.
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Gurus on E-Business (Gurus on... S.)
By John Middleton
* Publisher: Thorogood Publishing
* Number Of Pages: 192
* Publication Date: 2006-09-25
* Sales Rank: 3589032
* ISBN / ASIN: 1854183869
* EAN: 9781854183866
* Binding: Paperback
* Manufacturer: Thorogood Publishing
* Studio: Thorogood Publishing
Book Description:
This book explores the impact and significance of e-business as illustrated by the work and thinking of a number of key players in the field. It aims to be an accessible guide for business people who are looking to make optimal and profitable use of e-business.
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