Stackelberg differential games in economic models (Q796462)

This is one of very few monographs written on the subject of Stackelberg differential game theory and its application to economic problems. The focus of the monograph is on two economic models. The first is concerned with a regional investment allocation problem, and the second involves a world industrialization model. In addition, some background material on Stackelberg games and some other economic applications is also presented. The monograph is 195 pages long and contains the following eight chapters: 1. Introduction and Overview. 2. Game Theory and Economics. 3. Mathematical Formulation of Differential Games. 4. Solutions of Hierarchical Differential Games. 5. Application to Regional Investment Allocation Problem. 6. Stackelberg Games in Linear Programming Context. 7. Application to a World Industrialization Model. 8. Econometric Models: Adaptive Games. In addition, there are 72 references on the subject. The monograph is very well written, and is essential reading to system theorists and economists interested in the application of differential games to economics.