Customer Reviews

Game Theory with Economic Applications (2nd Edition)

5 star:		(3)
4 star:		(1)
3 star:		(1)
2 star:		(0)
1 star:		(1)

 

 

I use this book as a part of advanced ug micro component at one of the UK universities. The book uses a clear concept-building approach with examples. I give B/F four stars since the fifth star is yet to be earned in subsequent editions. Why? There are simply far too many mistakes left in this edition. Which cannot be tolerated when game theory is the subject of discussion. Just try to work through examples involving perfect Bayesian equilibria. Your solution just won't match the one provided in the text. And it turns out it is not you who is stupid. The game tree has a wrong payoff at one of the terminal nodes. :)))

I like this book and would happily use it for advanced undergrad courses due to the number of practical economic examples. However, there are so many mathematical errors that it is just too frustrating for both students and professors.

I am quite satisfied with this book.
I have tried numerous books which deal with economic applications of Game Theory, but I believe that this book describes the basic concepts in simplest way! Specifically, the concept of Information asymmetry and Signaling games.

Excellent! Great examples and easy to understand. Should be used in all introduction to game theory courses.

While the content is pretty good the number of errors in this would result in an "F" if a high school student had submitted this work. There are parts that are unusable because of the rampant errors that fundamentally change outcomes of problems and understanding of concepts.

Anyone that bought this book should either receive full refund or at least a free copy of the update. I would STRONGLY urge instructors not to use this book or students not to buy it until some MAJOR revisions (and proofreads) are made.

I found this book to be very useful when teaching advanced level economic students. It was well written, witty, and overall... excellent.