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Intermediate microeconomics : A modern approach
TLDR
The Varian approach as mentioned in this paper gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation, and is still the most modern presentation of the subject.Abstract:
This best-selling text is still the most modern presentation of the subject. The Varian approach gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation.read more
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Nash equilibrium structure of Cox process Hotelling games.
TL;DR: An N-player game where a pure action of each player is to select a non-negative function on a Polish space supporting a finite diffuse measure, subject to a finite constraint on the integral of the function is studied.
Journal ArticleDOI
Finding mixed strategy Nash equilibria with decision trees
Barry R. Cobb,Tinni Sen +1 more
TL;DR: In this paper, the authors describe the usefulness of decision tree models for determining mixed strategy Nash equilibria in normal form games, particularly to undergraduate students, by constructing a decision tree for each player, then solving the model via dynamic programming to determine the equations that must be satisfied at Nash equilibrium.
Proceedings ArticleDOI
Generalized transmission scheduling problem: Scheduling of nondiscriminatory transmission services in the mixed pool-bilateral systems
Minghai Liu,George Gross +1 more
TL;DR: The proposed GTSP formulation not only captures more appropriately the social welfare and market efficiency loss, but also results in more efficient market outcomes than the conventional transmission scheduling problem (TSP) formulations in the presence of transmission congestion.
Journal ArticleDOI
An equitable and efficient energy management approach for a cluster of interconnected price responsive demands
TL;DR: The equilibria of the cooperative game are determined by solving a multi-objective optimization problem, constrained to the constraints of the local electrical network operation and also the demands constraints, and an equilibrium is selected based on the proposed equitable allocation.
Towards an Information Market Paradigm
TL;DR: In this paper, the authors discuss the concept of information market and position it as a market where demand for information meets supply for information, and present a wider perspective on this field.