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Decision-Making In Economics: Critical Lessons From Neurobiology, Renato Alas Msc, Kuldeep Kumar, Avik Mukherjee, Munirul Haque Nabin, Sukanto Bhattacharya

Renato A Martins MSc

Book Description: Game Theory has provided an extremely useful tool in enabling economists to venture into unknown areas. Its concepts of conflict and cooperation apply whenever the actions of several agents are interdependent; providing language to formulate as well as to structure, analyze, and understand strategic scenarios. Economic Behavior, Game Theory, and Technology in Emerging Markets explores game theory and its deep impact in developmental economics, specifically the manner in which it provides a way of formalizing institutions. This is particularly important for emerging economies which have not yet received much attention in the academic world. This publication is useful …