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Full Description
This study deals with decision and game theory, and their applications to a variety of economic problems. It brings together contributors from a spectrum of disciplines ranging from statistics and mathematics to mathematical economics, industrial organization and operations research. The first four sections comprise decision theory, stochastic games, cooperative and non-cooperative games, and will appeal to game theorists, statisticians and operations researchers. The fifth section includes applications to economic problems such as bilateral bargaining, learning behaviour in oligopolies, financial markets with asymmetric information, information trading, technology transfer, multisectoral growth and collective choice. These will appeal to economists in developed and developing countries alike, as well as to specialists in business disciplines.