Title: Game Theory: A Nontechnical Introduction To The Analysis Of Strategy 4E
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.

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