Game Theory: An Introduction

Amazon.com Price: $34.68 (as of 11/10/2019 14:37 PST- Details)

Description

This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to speak about strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-in the hunt for games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives.

Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Right through, concepts and methods are explained the usage of real-world examples backed by precise analytic material. The book features many important applications to economics and political science, in addition to a large number of exercises that concentrate on the way to formalize informal situations and then analyze them.

  • Introduces the core ideas and applications of game theory
  • Covers static and dynamic games, with complete and incomplete information
  • Features numerous examples, applications, and exercises
  • Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission
  • Ideal for advanced undergraduate and beginning graduate students
  • Complete solutions to be had to teachers and selected solutions to be had to students
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