Differential Games in Industrial Economics

A comprehensive and self-contained exposition of the applications of optimal control and differential game theory to industrial organisation and trade.

List of contents

1. Elements of optimal control, dynamic programming and differential game theory; 2. Monopoly; 3. Oligopoly; 4. Advertising; 5. Product differentiation; 6. Innovation; 7. The environment and natural resources; 8. International trade; 9. Stackelberg games; Index.

About the author

Luca Lambertini is Professor of Economics at the Università degli Studi, Bologna, Italy. He is a member of the International Federation of Automatic Control, collaborator of the Dynamic Systems Program at the International Institute for Applied Systems Analysis and Associate Editor of Dynamic Games and Applications. He has published extensively in international journals, including Automatica, the Journal of Economic Theory, European Journal of Operational Research and the Journal of Economic Dynamics and Control.

Summary

Differential game theory can be a very useful tool in industrial organisation. This volume revisits industrial economics using a dynamic approach to explain firms' strategies and their impact on the environment and trade flows. It will be of interest to researchers in economics, as well as advanced applications of game theory.

Product details

• Authors: Luca Lambertini, Luca (Universit... Degli Studi Lambertini, Luca (Universita Degli Studi Lambertini, Lambertini Luca
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 31.07.2018
• EAN: 9781107164680
• ISBN: 978-1-107-16468-0
• No. of pages: 272
• Subjects: Social sciences, law, business > Business > Miscellaneous; Optimization, BUSINESS & ECONOMICS / Industrial Management, game theory, Applied mathematics, Economics of industrial organisation, Econometrics, Economics of industrial organization, Econometrics and economic statistics