Economists use game theory to model conflict and cooperation by at least two rational decision-makers where there is strategic behavior by the players who understand that their actions affect the ...

Dubai, United Arab Emirates: Exponential increases in research mixing game theory, microeconomics and computer science have improved the design of electronic markets, according to leading experts. Dr ...

University of Maryland professor Thomas Schelling, one of the recent winners of the Nobel Prize for economics, discusses the field of game theory. In the late 1940s, Thomas Schelling worked as a ...

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p6pswn/microeconomic_the) has announced the addition of John Wiley and Sons ...

Microeconomic theory forms the cornerstone of modern economics by examining how individuals and firms make decisions under constraints and how these decisions shape market outcomes. It provides a ...

The research conducted by members of this group spans several areas of economic theory. One stream focuses on voting rules and how they affect the aggregation of information in elections. Another area ...