Computation and Complexity in Economic Behavior and Organization

Name: Computation and Complexity in Economic Behavior and Organization
Brand: Cambridge University Press
SKU: 9780521037891
Price: 202.15 RON
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Autor: Kenneth R. MountStanley Reiter

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Editura: Cambridge University Press

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This book presents a model of computing and a measure of computational complexity which are intended...

Informații despre carte

Autor

Kenneth R. MountStanley Reiter

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2007

Pagini

248

EAN

9780521037891

ISBN

0521037891

Enbook ID

02019595

Editura

Cambridge University Press

Greutate

378

Dimensiuni

151 x 228 x 19

Descriere completă

This book presents a model of computing and a measure of computational complexity which are intended to facilitate analysis of computations performed by people, machines, or a mixed system of people and machines. The model is designed to apply directly to models of economic theory, which typically involve continuous variables and smooth functions, without requiring analysis of approximations. The model permits analysis of the feasibility and complexity of the calculations required of economic agents in order for them to arrive at their decisions. The treatment contains applications of the model to game theory and economics, including comparison of the complexities of different solution concepts in certain bargaining games, and the trade-off between communication and computation in an example of an Edgeworth Box economy.

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Computation and Complexity in Economic Behavior and Organization

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