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. .) The European Union Emission Trading Scheme ( oranbsp;...
|Title||:||Recent Applications of Nash Equilibria|
|Publisher||:||ProQuest - 2007|