GAME THEORY (4TH ED)
A Nontechnical Introduction to the Analysis of Strategy
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- $42.99
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- $42.99
Publisher Description
As with the previous editions, this fourth edition relies on teaching by example and the Karplus Learning Cycle to convey the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Noncooperative equilibrium concepts such as Nash equilibrium, mixed strategy equilibria, and subgame perfect equilibrium are systematically introduced in the first half of the book. Bayesian Nash equilibrium is briefly introduced. The subsequent chapters discuss cooperative solutions with and without side payments, rationalizable strategies and correlated equilibria, and applications to elections, social mechanism design, and larger-scale games. New examples include panic buying, supply-chain shifts in the pandemic, and global warming.
Contents:
Interactive Decisions:Conflict, Strategy, and GamesSome FoundationsEquilibrium in Normal Form Games:Dominant Strategies and Social DilemmasNash EquilibriumGames with Two or More Nash EquilibriaThree-Person GamesProbability and Game TheoryMixed Strategy Nash EquilibriaSequential and Repeated Play:Sequential GamesRepeated PlayIndefinitely Repeated PlayCooperation:Cooperative Games in Coalition Function FormCooperative Games Without Coalition FunctionsAdvanced Topics:N-Person GamesDuopoly Strategies and PricesRationalizable StrategiesTrembling Hands and Correlated StrategiesVoting GamesSocial Mechanism DesignGames, Experiments, and Behavioral Game TheoryEvolution and Adaptive Learning
Readership: Undergraduates and graduates studying game theory or those interested to know more about game theory.
Key Features: The very extensive informal examples distinguish this book from most others New examples include panic buying, supply-chain shifts in the pandemic, and global warming