Games are played everywhere: from economics and online auctions to social interactions, and game theory is about how to play such games in a rational way, and how to maximize their outcomes. This VSI reveals, without mathematical equations, the insights the theory can bring to everything from how to play poker optimally to the sex ratio among bees.

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Bibliographic Details

Title: Game Theory: A Very Short Introduction
Publisher: Oxford University Press
Publication Date: 2007
Language: English
ISBN 10: 0199218463
ISBN 13: 9780199218462
Binding: Paperback
Condition: Good

About this title

Synopsis

This Very Short Introduction offers a succinct tour of the fascinating world of game theory, a ground-breaking field that analyzes how to play games in a rational way. Ken Binmore, a renowned game theorist, explains the theory in a way that is both entertaining and non-mathematical yet also deeply insightful, revealing how game theory can shed light on everything from social gatherings, to ethical decision-making, to successful card-playing strategies. With mini-biographies of many fascinating, and occasionally eccentric, founders of the subject, this book offers a concise overview of a cutting-edge field that has seen spectacular successes in evolutionary biology and economics, and is beginning to revolutionize other disciplines from psychology to political science.

About the Author

Ken Binmore is Emeritus Professor of Economics at University College, London. He has held Chairs in Economics at the London School of Economics and the University of Michigan.

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