img Leseprobe Leseprobe

The Berge Equilibrium: A Game-Theoretic Framework for the Golden Rule of Ethics

Vladislav I. Zhukovskiy, Mindia E. Salukvadze

PDF
ca. 117,69
Amazon iTunes Thalia.de Weltbild.de Hugendubel Bücher.de ebook.de kobo Osiander Google Books Barnes&Noble bol.com Legimi yourbook.shop Kulturkaufhaus ebooks-center.de
* Affiliatelinks/Werbelinks
Hinweis: Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.

Springer International Publishing img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

The goal of this book is to elaborate on the main principles of the theory of the Berge equilibrium by answering the following two questions: What are the basic properties of the Berge equilibrium? Does the Berge equilibrium exist, and how can it be calculated?

The Golden Rule of ethics, which appears in Christianity, Judaism, Islam, Buddhism, Confucianism and other world religions, states the following: “Behave towards others as you would like them to behave towards you." In any game, each party of conflict seeks to maximize some payoff. Therefore, for each player, the Golden Rule is implemented through the maximization of his/her payoff by all other players, which matches well with the concept of the Berge equilibrium. 

The approach presented here will be of particular interest to researchers (including undergraduates and graduates) and economists focused on decision-making under complex conflict conditions. The peaceful resolution of conflicts is the cornerstone of the approach: as a matter of fact, the Golden Rule precludes military clashes and violence. In turn, the new approach requires new methods; in particular, the existence problems are reduced to saddle point design for the Germeier convolution of payoff functions, with further transition to mixed strategies in accordance with the standard procedure employed by E. Borel, J. von Neumann, J. Nash, and their followers. Moreover, this new approach has proven to be efficient and fruitful with regard to a range of other important problems in mathematical game theory, which are considered in the Appendix.

 


Weitere Titel von diesem Autor
Vladislav I. Zhukovskiy
Vladislav I. Zhukovskiy
Weitere Titel in dieser Kategorie
Cover Science of Valuations
Maria Rosa Trovato
Cover Beyond Profit
Samir Alamad
Cover Islamic Finance
Lorenzo Bujosa
Cover Priority of Needs?
Bernhard Kittel
Cover Modern Money Theory
L. Randall Wray
Cover Building an Olive-Shaped Society
CICC Research, CICC Global Institute
Cover Asian Economies
Jamus Jerome Lim

Kundenbewertungen

Schlagwörter

Nash equilibrium, Pareto optimality, Slater optimality, games under uncertainty, Berge equilibrium