Game Theory

The objective of the third edition of Game Theory: A Nontechnical Introduction to the Analysis of Strategy is to introduce the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Relying on the Karplus Learning Cycle, the book is intended to teach by example. Noncooperative equilibrium concepts such as Nash equilibrium play the central role. In this third edition, increased stress is placed on the concept of rationalizable strategies, which has proven in teaching practice to assist students in making the bridge from intuitive to more formal concepts of noncooperative equilibrium.Contents:

Conflict, Strategy, and Games
Some Foundations
Dominant Strategies and Social Dilemmas
Nash Equilibrium and Rationalizable Strategies
Games with Two or More Nash Equilibria
Duopoly Strategies and Prices
Three-Person Games
Probability and Game Theory
Mixed Strategy Nash Equilibria
N-Person Games
Further Topics on Games in Normal Form
Sequential Games
Imbedded Games
Repeated Play
Indefinitely Repeated Play
Elements of Cooperative Games
Bargaining

Readership: Undergraduates and graduates studying game theory or those interested in knowing more about game theory.