Excerpt from Elementary Mathematics of Linear Programming and Game Theory
The most striking breakthrough in business and economic re search in the past two decades has been the development of new empirical techniques which are frequently classified under the some what nebulous title of operations research. Perhaps the most fruit ful of these new techniques is linear programming, an outgrowth of game theory concepts which were first conceived by the late John von Neumann in the 1920's.
While the pragmatic value of mathematical programming is in contestable, the extent of its contribution to the content of economic theory may remain unsettled for many years. Still, it seems clear that an understanding of the rationale of linear programming and game theory is mandatory for both the practicing business economist and the economic theorist. A majority of the practicing business econo mists and many academic economists may be inadequately prepared mathematically, however, to learn what they need to know about these subjects.
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Paperback. Condition: New. Print on Demand. This book introduces linear programming and game theory to the curious lowbrow. If you have a little college algebra under your belt, this book can teach you to understand the rationale behind these mathematical tools that have seen fruitful use in business, economics, and war strategy. The author himself had to learn these subjects with no formal training, and his explanations are written with the mathematically unsophisticated reader in mind. By covering both the what and why of linear programming and game theory, the author gives you everything you need to grasp the fundamentalsâ"without getting bogged down in advanced mathematical concepts. Understanding these techniques in the abstract before applying them to real-world problems makes it possible for you to use them effectively in any field where they may prove useful. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334213328_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334213328
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334213328
Quantity: 15 available