An Introduction to Game Theory

Amazon.com Price: $127.94 (as of 11/10/2019 15:02 PST- Details)

Description

Game-theoretic reasoning pervades economic theory and is used widely in other social and behavioral sciences. An Introduction to Game Theory, by Martin J. Osborne, presents the main principles of game theory and shows how they are able to be used to bear in mind economic, social, political, and biological phenomena. The book introduces in an accessible manner the main ideas in the back of the theory reasonably than their mathematical expression. All concepts are defined precisely, and logical reasoning is used all the way through. The book requires an understanding of basic mathematics but assumes no specific knowledge of economics, political science, or other social or behavioral sciences.
Coverage includes the fundamental concepts of strategic games, extensive games with perfect information, and coalitional games; the more advanced subjects of Bayesian games and extensive games with imperfect information; and the topics of repeated games, bargaining theory, evolutionary equilibrium, rationalizability, and maxminimization. The book offers all kinds of illustrations from the social and behavioral sciences and more than 280 exercises. Each and every topic features examples that highlight theoretical points and illustrations that demonstrate how the theory can be utilized. Explaining the key concepts of game theory as simply as imaginable at the same time as maintaining complete precision, An Introduction to Game Theory is ideal for undergraduate and introductory graduate courses in game theory.

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