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Mechanisms for Stability and Welfare: Increasing Cooperation Among Self-Interested Agents

Mechanisms for Stability and Welfare: Increasing Cooperation Among Self-Interested Agents

Paperback (10 Aug 2014)

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Publisher's Synopsis

Too often an interaction among self-interested parties leads to an outcome that is not in the best interest of any of them. In this thesis, I look at such interactions as games, so that the loss of stability and welfare can be measured and studied using the standard concepts of game theory such as equilibrium and utility. I study and design mechanisms that alter these games in order to induce more cooperation, stable outcomes, and higher utility for the participants.

Book information

ISBN: 9781291979626
Publisher: Lulu Press
Imprint: Lulu.com
Pub date:
Language: English
Number of pages: 200
Weight: 367g
Height: 246mm
Width: 189mm
Spine width: 11mm