Top positive review
2 people found this helpful
Thorough, very readable explanation of this fascinating theory.
on January 10, 2015
I knew a little bit about Game Theory, and found it very interesting so I wanted to learn more. The author starts with the basics and then goes on to explain how Game Theory applies, and then delves into some of the more complicated rules. If you're not familiar with this Theory, the core scenario is the "prisoner's dilemma," where two people who robbed a store together are both in the police station, being separately interviewed. The question is: Do you confess first? Do you hold out on the hope that your co-thief won't confess, knowing that if he confesses first, they'll throw the book at you? Basically, the Theory is about strategizing how to act, based on calculations of how another person might act.
This book was terrific. The writing was clear and very easy to understand, which I appreciated because I was not familiar with all of the terminology. The author uses charts to help visualize things, and he also used real life examples of situations and world events that illustrated the principles. Seeing the actual application of the principles in a variety of contexts was great.
This book doesn't take too long to read -- it's not incredibly long, and the writing is very accessible. Still, I'm sure that I will come back to this book in the future as a kind of reference.
OVERALL: I definitely recommend this book to someone who wants to learn more about game theory, which is a really cool way of analyzing decisions.