Osborne M. An Introduction to Game Theory

ISBN 13: 9780195681581

An Introduction to Game Theory

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9780195681581: An Introduction to Game Theory

An Introduction To Game Theory, written by Martin J. Osborne, is a non-fictional work that presents the underlying principles of game theory. It also demonstrates how these principles can be successfully used to interpret myriad biological, social, economic, and political phenomena. It presents game-theoretic reasoning in a generic and logical manner. The focus is on the broader understanding of concepts rather than on mathematical expression. The topics are explained in a simple and lucid manner, supplemented by relevant examples, illustrations, and exercises. Key concepts are highlighted, and some of the concepts covered in the book are strategic games, coalitional games, evolutionary equilibrium, bargaining theory, and Bayesian games. The book was published in 2003 by Oxford University Press. It has been used as a textbook for various undergraduate courses. This particular edition is a 2005 reprint.

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About the Author:

Martin J. Osborne is a professor and researcher. His research interests lie in the areas of game theory and its applications, political economy, and micro-economic theory. He graduated in 1975 with a B. A. from Cambridge University. He went on to obtain a PhD from Stanford University in 1979. Osborne is currently associated with the Department of Economics at the University of Toronto. He has authored/co-authored books like An Introduction To Game Theory, A Course In Game Theory, and Bargaining And Markets.

Review:


"This is a textbook to be enjoyed both by professors and students, full of clever and often original applications and examples. Serious students who use this text are likely to emerge with a new way of thinking about much of what they see in the real world."--Ted Bergstrom, Professor of Economics, University of California, Santa Barbara


"The book is just superb. I anticipate (based both on my own reading of the book, and comments from colleagues at other institutions) that this will be the standard text for introductory courses in game theory in political science departments for the foreseeable future."--Scott Gehlbach, Assistant Professor of Political Science, University of Wisconsin


"What distinguishes this book from other texts is its remarkable combination of rigor and accessibility. The central concepts of game theory are presented with the mathematical precision suitable for a graduate course, but with an abundance of wide-ranging examples that will give undergraduate students a concrete understanding of what the concepts mean and how they may be used."--Charles A. Wilson, Professor of Economics, New York University


"A great book, by far the best out there in the market in thoroughness and structure."--Dorothea Herreiner, Assistant Professor of Economics, Bowdoin College


"The ideal textbook for applied game theory . . . . It teaches basic game theory from the ground up, using just enough clearly defined technical terminology and ranging from traditional basics to the most modern tools."--Randy Calvert, Professor of Political Science, Washington University in St. Louis


"The approach is intuitive, yet rigorous. Key concepts are explained through a series of examples to guide students through analysis. The examples are then followed by interesting and challenging questions. The main strength is the impressive set of exercises . . . they are extremely well organized and incredibly broad, ranging from easy questions to those for adventurous students."--In-Koo Cho, William Kinkead Distinguished Professor of Economics, University of Illinois


"The gentle pace of the material along with the plethora of examples drawn from economics (mainly) and political science seems to work very well with students."-Branislav L. Slantchev,Assistant Professor of Political Science, University of California, San Diego


"The book is excellent. It is chock full of exercises that are both interesting and applicable to real issues, allowing me great flexibility in focusing on specific examples to illustrate the theory."--Christopher Proulx, Assistant Professor of Economics, University of California, Santa Barbara


"This book provides a simple yet precise introduction into game theory, suitable for the undergraduate level. Author Martin J. Osborne makes use of a wide variety of examples from social and behavioral sciences to convey game-theoretic reasoning. Readers can expect to gain a thorough understanding without any previous knowledge of economics, political science, or any other social or behavioral science. No mathematics is assumed beyond that of basic high school."--Journal of Macroeconomics


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