scientific article; zbMATH DE number 193639
Introductory exposition (textbooks, tutorial papers, etc.) pertaining to game theory, economics, and finance (91-01) Differential games (aspects of game theory) (91A23) Other game-theoretic models (91A40) Hierarchical games (including Stackelberg games) (91A65) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)
The book covers some specific areas of noncooperative differential game theory (Chapters 2-4) and a series of selected applications (Chapter 5). Chapter 1 introduces the reader to the subject through examples from the literature, economics and resource management. Basic concepts are presented in Chapter 2 whereas methods of solution are the subject of Chapter 3 (simultaneous and hierarchical play) and Chapter 4 (linear- quadratic, perfect, and qualitatively solvable games). Chapter 5 contains four applications (a game on Goethe's Faust, oligopolistic competition, R\&D games, and fishery games). A list of references and a selected bibliography are included. The text is aimed at introducing graduate students in operations research/management science (OR/MS), applied mathematics, and economics to selected areas of the theory and applications of differential games. As such the book does a good job but the researcher with a particular interest in theory should also consult, for instance, \textit{A. Friedman}, ``Differential games (1971; Zbl 0229.90060); \textit{N. N. Krasovskij} and \textit{A. I. Subbotin}, ``Game-theoretical control problems (1988; Zbl 0649.90101); \textit{T. Basar} and \textit{G. J. Olsder}, ``Dynamic noncooperative game theory (1982; Zbl 0479.90085). As to applications in OR/MS and economics, a more comprehensive treatment is unfortunately still not available in the form of a book.
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