Titlebook: Optimization and Games for Controllable Markov Chains; Numerical Methods wi Julio B. Clempner,Alexander Poznyak Book 2024 The Editor(s) (if

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Best-Reply Strategies in Repeated Games,s lead to an equilibrium point is a difficult and sensitive operation since, often, the behavior of a single cost-function when such best-reply techniques are used turns out to be non-monotonic. The convergence to a stable equilibrium is not always guaranteed, even in repeated games. In this chapter

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Joint Observer and Mechanism Design,icult to build a method that can calculate effective judgments that maximize the overall reward of interacting agents upon an environment with unknown, partial, and uncertain information, according to reports in the literature on Artificial Intelligence (AI). This chapter offers a solution to these

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Bargaining Games or How to Negotiate, an agreement should be reached or whether no agreement should be reached without the consent of each player. Amazingly, negotiating protocols, duopoly market games, business transactions, arbitration, and other key scenarios have all used bargaining and its game-theoretic solutions. The underpinnin

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,Non-cooperative Bargaining with?Unsophisticated Agents,greement is achieved, with a penalty taking into account the length of time it takes players to make a decision. We provide a game that helps myopic participants achieve equilibrium as if they were forward-thinking agents. One of the game’s main mechanics is that players are penalized for deviating

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Transfer Pricing as Bargaining,any with sequential transfers among its several divisions, where central management decides on the transfer price to maximize operational profitability. Throughout the negotiation process, the price shifting between divisions is a tool for bargaining. First, we take into account a point of contentio

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Julio B. Clempner,Alexander Poznyakgigkeit vom wirtschaftlichen Geschehen tief in das Bewu?tsein der Menschen gedrungen. Nicht, da? es etwa im vergangenen Jahrhundert nicht auch wirtschaftliche Krisen mit ihren für Arbeitnehmer, Unternehmer und Verbraucher nachteiligen Folgen gegeben h?tte; auch wurde die pers?nliche Abh?ngigkeit von

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Julio B. Clempner,Alexander PoznyakVer?nderungen sind aber meist nicht von allen Wirtschaftssubjekten gleicherma?en gewünscht. Nicht alle haben gleichen Nutzen an ihnen, auch sind nicht alle gleicherma?en durch sie belastet. Selbst ein so allgemein anerkanntes Ziel wie das der Geldstabilit?t hat beispielsweise für manchen Kreditnehme

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