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Differential Games in Industrial Economics: A Comprehensive Guide to Modeling and Analysis

Norman Butler

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Differential games are a powerful tool for modeling and analyzing economic interactions between multiple players. They are used to study a wide range of topics in industrial economics, including competition, cooperation, and regulation. This book provides a comprehensive to differential games, with a focus on their application to industrial economics.

Chapter 1: to Differential Games

This chapter provides an overview of differential games, including their definition, formulation, and solution concepts. The chapter also discusses the different types of differential games, such as zero-sum games, non-zero-sum games, and cooperative games.

Differential Games in Industrial Economics

by Adam Kahane

5 out of 5

Language	:	English
File size	:	10057 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	272 pages

Figure 1: A Diagram Of A Differential Game Between Two Players. Differential Games In Industrial Economics

Chapter 2: Modeling Differential Games in Industrial Economics

This chapter shows how to model differential games in industrial economics. The chapter begins by discussing the different types of economic models that can be used to represent differential games, such as Cournot models, Bertrand models, and Stackelberg models. The chapter then discusses the different types of variables that can be used to represent the state of the game, such as prices, quantities, and market shares.

Chapter 3: Solving Differential Games

This chapter discusses the different methods that can be used to solve differential games. The chapter begins by discussing the different types of solution concepts that can be used, such as Nash equilibrium, subgame perfect equilibrium, and Pareto efficiency. The chapter then discusses the different methods that can be used to find these solutions, such as dynamic programming, optimal control theory, and variational methods.

Chapter 4: Applications of Differential Games in Industrial Economics

This chapter discusses some of the applications of differential games in industrial economics. The chapter begins by discussing the use of differential games to model competition in different industries, such as the telecommunications industry, the energy industry, and the pharmaceutical industry. The chapter then discusses the use of differential games to model cooperation in different industries, such as the automobile industry, the steel industry, and the semiconductor industry.

Chapter 5:

This chapter provides a summary of the book and discusses some of the future directions for research in differential games. The chapter also discusses the limitations of differential games and the challenges that remain in applying them to industrial economics.

Differential games are a powerful tool for modeling and analyzing economic interactions between multiple players. This book provides a comprehensive to differential games, with a focus on their application to industrial economics. The book is written in a clear and concise style and is suitable for both graduate students and researchers in industrial economics.

Differential Games in Industrial Economics

by Adam Kahane

5 out of 5