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Algorithmic Game Theory
Product Review "The subject matter of Algorithmic Game Theory covers many of the hottest area of useful new game theory research, introducing deep new problems, techniques, and perspectives that demand the attention of economists as well as computer scientists. The all-star list of author-contributors makes this book the best place for newcomers to begin their studies." -- Paul Milgrom, Shirley and Leonard Ely Professor of Humanities and Sciences and Professor of Economics, Stanford University "Computer scientists never lose sight of the fact that a solution to an economic or social problem is not really feasible unless it is computationally tractable, and their toolkit has the potential to give new theoretical flesh to ageless economic intuitions such as the invisible hand, or the problematic nature of market socialism. Algorithmic Game Theory is a collection of essays by leading computer scientists and economists surveying the state of the art, and the open problems, in the many branches of this rapidly moving area. It is ideal for graduate students, and for established researchers in either economics or computer science, who wish to learn about the concepts and issues shaping an increasingly important stream of interdisciplinary research." -- Professor Andrew McLennan, School of Economics, University of Queensland "The most exciting current research in game theory and its applications is being done in computer science. Algorithmic Game Theory effectively brings the reader to the frontiers of this research." -- Ehud Kalai, James J. O'Connor Distinguished Professor of Decision and Game Sciences, Kellogg School of Management, Northwestern University Product Description In the last few years game theory has had a substantial impact on computer science, especially on Internet- and e-commerce-related issues. More than forty of the top researchers in this field have written chapters that go from the foundations to the state of the art. Basic chapters on algorithmic methods for equilibria, mechanism design and combinatorial auctions are followed by chapters on incentives and pricing, cost sharing, information markets and cryptography and security. Students, researchers and practitioners alike need to learn more about these fascinating theoretical developments and their widespread practical application.
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