Designed for the serious reader, this book teaches strategy through the use of game theory. The focus is on setting up and solving games, especially those that arise in economics and business. Develops modeling skills as well as the ability to implement a certain format, the form of the game, by using proven applications and examples of setups. Contains an analogous framework of necessary condition (equilibrium) and sufficient conditions such as undominated strategies, symmetry and subgame perfection to motivate solutions. Features a variety of examples ranging from the Bible to Wall Street.
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Book Description
Editorial Reviews
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Description: An easy-to-read, and enjoyable introduction to game theory! This clearly written book shows readers how to set up and solve games, particulaly those in economics and business, using game theory. Gardener's innovative approach helps readers develop strong modeling skills by using proven applications and examples of setups. The book also features a variety of examples, including many from business, politics, economics, and history.
From the Publisher
Designed for the serious reader, this book teaches strategy through the use of game theory. The focus is on setting up and solving games, especially those that arise in economics and business. Develops modeling skills as well as the ability to implement a certain format, the form of the game, by using proven applications and examples of setups. Contains an analogous framework of necessary condition (equilibrium) and sufficient conditions such as undominated strategies, symmetry and subgame perfection to motivate solutions. Features a variety of examples ranging from the Bible to Wall Street.
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19 of 23 people found the following review helpful:
5.0 out of 5 stars
A must-have to anyone learning the first steps in Game T.,
By A Customer
This review is from: Games for Business and Economics (Paperback)
Anybody looking for an easy to read book about game theory, don't search no more, this is the one. It covers all the main subjects of game theory in a very simple way, not sacrificing its technical qualities. It is richly filled with real world examples and all mathematical questions are covered in a step-by-step way.This should be the first text to anyone seriously thinking of learning Game Theory
0 of 3 people found the following review helpful:
4.0 out of 5 stars
Nice!,
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This review is from: Games for Business and Economics (Paperback)
It was delivered on time, and the description of the book was accurate. However, the UPS needs to be more responsible when delivering. They threw it inside my house and if it wasn't for my neighboors, my book would have been eaten by the house dog.
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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bidding true value, coalition function form, strict dominance solution, bargaining symmetry, minimum monetary unit, perfect information version, player wins with probability, subgame perfect equilibrium path, final subgame, cigarette television advertising, nice opponent, bidding interval, mediocre agent, maximum total payoff, complete market failure, marginal pair, intermediate coalitions, screening game, dominance solvable, symmetrical game, bankruptcy games, linear invariance, veto countries, individual private value, strictly dominant strategy Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Let's Make, New York, Stud Poker, Matching Pennies, Liar's Poker, Video System Coordination, Nobel Prize, Battle of the Networks, Stag Hunt, United Nations, White House, Deep Blue, Mutual Defense, Civil War, American Economic Review, Reinhard Selten, First Boston, General Motors, John Nash, John von Neumann, Bosnian Serbs, Cambridge University Press, Donkey Kong, International Journal of Game Theory New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
bidding true value, coalition function form, strict dominance solution, bargaining symmetry, minimum monetary unit, perfect information version, player wins with probability, subgame perfect equilibrium path, final subgame, cigarette television advertising, nice opponent, bidding interval, mediocre agent, maximum total payoff, complete market failure, marginal pair, intermediate coalitions, screening game, dominance solvable, symmetrical game, bankruptcy games, linear invariance, veto countries, individual private value, strictly dominant strategy Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Let's Make, New York, Stud Poker, Matching Pennies, Liar's Poker, Video System Coordination, Nobel Prize, Battle of the Networks, Stag Hunt, United Nations, White House, Deep Blue, Mutual Defense, Civil War, American Economic Review, Reinhard Selten, First Boston, General Motors, John Nash, John von Neumann, Bosnian Serbs, Cambridge University Press, Donkey Kong, International Journal of Game Theory New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 33
books:
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16
books
cite this book:
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- The Handbook of Experimental Economics by John H. Kagel on 4 pages
- A General Theory of Equilibrium Selection in Games by John C. Harsanyi on page 112, page 169, and page 227
- Contributions to the Theory of Games, Vol. III (Annals of Mathematics Studies) by Melvin Dresher on page 332, and page 412
- A Beautiful Mind: The Life of Mathematical Genius and Nobel Laureate John Nash by Sylvia Nasar on page 62, and page 339
- The Strategy of Conflict by Thomas C. Schelling on page 65, and page 165
See all 33 books this book cites
- The Marshall Plan: Fifty Years After (Europe in Transition: The NYU European Studies) by Martin A. Schain in Front Matter, and page 129
- Evolution and Design of Institutions by Christian Schubert on page 120
- Charging Communication Networks: From Theory to Practice by D.J. Songhurst in Back Matter
- Differential Games in Economics and Management Science by Engelbert J. Dockner in Back Matter
- Games in Operations Management (IFIP Advances in Information and Communication Technology) by Jens O. Riis on page 123
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