Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (fourth Edition)

Mccain, Roger A

ISBN 10: 9811262950 / ISBN 13: 9789811262951

Published by WSPC, 2023

About this Item

Seller Inventory # I-9789811262951

Bibliographic Details

• Title: Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (fourth Edition)
• Publisher: WSPC
• Publication Date: 2023
• Language: English
• ISBN 10: 9811262950
• ISBN 13: 9789811262951
• Binding: Hardcover
• Edition: 4th Edition
• Condition: New

About this title

Synopsis

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.