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Economics and the Theory of Games Paperback – July 28, 2003


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Book Description

This textbook offers a systematic, self-contained account of the main contributions of modern game theory and its appl ications to economics. Starting with a detailed description of how to model strategic situations, the discussion proceeds by studying basic solution concepts, their main refinements, games played under incomplete information, and repeated games. For each of these theoretical developments, there is a companion set of applications that cover the most representative instances of game-theoretic analysis in economics, e.g. oligopolistic competition, public goods, coordination failures, bargaining, insurance markets, implementation theory, signaling and auctions.
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Product Details

  • Paperback: 528 pages
  • Publisher: Cambridge University Press (July 28, 2003)
  • Language: English
  • ISBN-10: 0521775906
  • ISBN-13: 978-0521775908
  • Product Dimensions: 7 x 1.1 x 10 inches
  • Shipping Weight: 1.8 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,532,689 in Books (See Top 100 in Books)

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12 of 12 people found the following review helpful By X on April 28, 2005
Format: Paperback Verified Purchase
I am a PhD student at Cornell studying game theory, and this is by far my favorite non-cooperative game theory book. It's written at a similar level as Fudenberg and Tirole's book but with better examples, explanations, and organization. These strengths make it a very good book to learn advanced game theory. Additionally, it covers popular recent topics such as evolutionary game theory and networks in more detail than in other advanced books (F&T, Osborne & Rubinstein, Myerson, etc.).

With that said, it is not an easy book, requiring strong math skills, etc. If you are looking for a simple introduction, check out the books by Gibbon or Gintis.
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By efrain arango sanchez on August 25, 2014
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Excellent
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