Recent Applications of Nash Equilibria

Recent Applications of Nash Equilibria

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The problem of how to make decisions in a competitive environment is very common and important in many fields. The Nash equilibrium makes a fundamental contribution to formulating and analyzing the rational decision-making in such a problem. This thesis concentrates on the following recent applications of the Nash equilibrium.The first large scale emission cap-and-trade system was the SO 2 trading system under the framework of the Acid Rain Program of the 1990 Clean Air Act in the U.S. (See Ellerman et al. [20].) The European Union Emission Trading Scheme ( oranbsp;...

Title:Recent Applications of Nash Equilibria
Author:Jinye Zhao
Publisher:ProQuest - 2007


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