Game Theory and Strategy

2023-01-06 Mathematics

Author : Philip D. Straffin
Release : 2023-01-06
Genre : Mathematics
Kind : eBook
Book Rating : 965/5 ( reviews)

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Book Synopsis Game Theory and Strategy by : Philip D. Straffin

Download or read book Game Theory and Strategy written by Philip D. Straffin. This book was released on 2023-01-06. Available in PDF, EPUB and Kindle. Book excerpt: This book is an introduction to mathematical game theory, which might better be called the mathematical theory of conflict and cooperation. It is applicable whenever two individuals—or companies, or political parties, or nations—confront situations where the outcome for each depends on the behavior of all. What are the best strategies in such situations? If there are chances of cooperation, with whom should you cooperate, and how should you share the proceeds of cooperation? Since its creation by John von Neumann and Oskar Morgenstern in 1944, game theory has shed new light on business, politics, economics, social psychology, philosophy, and evolutionary biology. In this book, its fundamental ideas are developed with mathematics at the level of high school algebra and applied to many of these fields (see the table of contents). Ideas like “fairness” are presented via axioms that fair allocations should satisfy; thus the reader is introduced to axiomatic thinking as well as to mathematical modeling of actual situations.

Strategies and Games

1999-02-16 Business & Economics

Author : Prajit K. Dutta
Release : 1999-02-16
Genre : Business & Economics
Kind : eBook
Book Rating : 693/5 ( reviews)

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Book Synopsis Strategies and Games by : Prajit K. Dutta

Download or read book Strategies and Games written by Prajit K. Dutta. This book was released on 1999-02-16. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has become increasingly popular among undergraduate aswell as business school students. This text is the first to provideboth a complete theoretical treatment of the subject and a variety ofreal-world applications, primarily in economics, but also in business,political science, and the law. Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science, and the law. Strategies and Games grew out of Prajit Dutta's experience teaching a course in game theory over the last six years at Columbia University.The book is divided into three parts: Strategic Form Games and Their Applications, Extensive Form Games and Their Applications, and Asymmetric Information Games and Their Applications. The theoretical topics include dominance solutions, Nash equilibrium, backward induction, subgame perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling. An appendix presents a thorough discussion of single-agent decision theory, as well as the optimization and probability theory required for the course.Every chapter that introduces a new theoretical concept opens with examples and ends with a case study. Case studies include Global Warming and the Internet, Poison Pills, Treasury Bill Auctions, and Final Jeopardy. Each part of the book also contains several chapter-length applications including Bankruptcy Law, the NASDAQ market, OPEC, and the Commons problem. This is also the first text to provide a detailed analysis of dynamic strategic interaction.

Game Theory

2012-05-31 Business & Economics

Author : Aviad Heifetz
Release : 2012-05-31
Genre : Business & Economics
Kind : eBook
Book Rating : 042/5 ( reviews)

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Book Synopsis Game Theory by : Aviad Heifetz

Download or read book Game Theory written by Aviad Heifetz. This book was released on 2012-05-31. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the fundamentals of game theory for undergraduates and MBA students.

Games of Strategy

2015-01-05 Business & Economics

Author : Dixit, Avinash K
Release : 2015-01-05
Genre : Business & Economics
Kind : eBook
Book Rating : 755/5 ( reviews)

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Book Synopsis Games of Strategy by : Dixit, Avinash K

Download or read book Games of Strategy written by Dixit, Avinash K. This book was released on 2015-01-05. Available in PDF, EPUB and Kindle. Book excerpt: A clear, comprehensive introduction to the study of game theory. In the fourth edition, new real-world examples and compelling end-of-chapter exercises engage students with game theory.

Game Theory 101

2014 Game theory

Author : William Spaniel
Release : 2014
Genre : Game theory
Kind : eBook
Book Rating : 153/5 ( reviews)

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Book Synopsis Game Theory 101 by : William Spaniel

Download or read book Game Theory 101 written by William Spaniel. This book was released on 2014. Available in PDF, EPUB and Kindle. Book excerpt: Game Theory 101: The Complete Textbook is a no-nonsense, games-centered introduction to strategic form (matrix) and extensive form (game tree) games. From the first lesson to the last, this textbook introduces games of increasing complexity and then teaches the game theoretical tools necessary to solve them. Quick, efficient, and to the point, Game Theory 101: The Complete Textbook is perfect for introductory game theory, intermediate microeconomics, and political science.

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