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GAME THEORY: Analysis of Conflict

GAME THEORY: Analysis of Conflict [Kindle Edition]

Roger B. Myerson
5.0 out of 5 stars  See all reviews (2 customer reviews)

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Product Description


In a clear, Myersonian writing style, this book systematically describes our state-of-the-art knowledge of game theory. Written as an introductory text, it looks at the subject from the viewpoint of a newcomer to the field, beginning with utility theory and arriving at the most sophisticated ideas discussed today. Myerson not only gives complete mathematical statements and proofs, but also supplies the intuitive arguments that motivate them...Because of its comprehensiveness, researchers and users of game theory can find descriptions of almost all special game theoretic topics and issues presented in "user friendly" style...It is very likely that Myerson's Game Theory will remain the main introductory text for many years to come. -- Ehud Kalai Games and Economic Behavior Exposing an applied mathematics field on a basic level poses a challenge to an author, namely, to find the proper mix of displaying the models, providing the motivation and presenting the mathematical results and derivations. This is even more true in a field like game theory, where the models are not universally acceptable as adequately depicting real applications. The author, in the text under review, is doing remarkably well. The models are displayed with enough details and explanations to generate motivation even in newcomers to the field...All in all, it is a very good elaborate introduction to game theory. -- Zvi Artstein Mathematical Reviews Myerson provides a good introduction to game theory, focusing on the 'generality and unity of game theory' rather than on its extensive applications. After a brief overview of Bayesian decision theory, noncooperative and cooperative models of games are explored in the context of their solutions, results, and guiding methodological principles. The relative merits of the extensive form and the strategic form of a game are illustrated, which lead naturally into an analysis of equilibria for each representation. Special extensions are discussed, including games with communication, repeated games, and noncooperative games that introduce the elements of bargaining and coalitions...The book has interesting and challenging problem sets for each chapter as well as a bibliography for students who want to study in more depth specific topics in game theory. Choice A very well-written introduction to game theory. American Mathematical Monthly

Product Description

Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information.

Product details

  • Format: Kindle Edition
  • File Size: 6783 KB
  • Print Length: 600 pages
  • Publisher: Harvard University Press (1 Mar 2013)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B00BQ96MT2
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Bestsellers Rank: #332,508 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Most Helpful Customer Reviews
6 of 7 people found the following review helpful
5.0 out of 5 stars Excellent Stuff for upper level students 23 July 2008
Even though Myerson asserts that this book is intended to be "a general introduction to game theory" in Preface, it is difficult to understand for beginners who have not mathemetics knowledge in the level of upper class. In this point, the volume is different from other introductions - e.g. Morton Davis' "Game Theory"-, rather is suitable for M.A. or first year Ph.D students. However, this book is not so much for students majoring economics as for various social sceintists in the sense that it does not focus on only "economics" but on pure game "theory" in nearly all areas.
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5.0 out of 5 stars Great book! 27 Nov 2009
Very balanced between maths and readability!
I'm taking a Ph.D in Game Theory and when I was reading some papers and books, they allways point me to this one.
After start to read the first pages I knew this will be the book that I will use as a reference for my work.
It starts with decision theory as a basis for the game theory, and all makes sense.
After reading the initial chapters I was ready to understand a lot of papers and books about game theory.
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Most Helpful Customer Reviews on (beta) 4.3 out of 5 stars  19 reviews
264 of 276 people found the following review helpful
5.0 out of 5 stars An Elegant and Deep Treatment 12 Jun 2000
By Herbert Gintis - Published on
I just completed a game theory book (Game Theory Evolving, Princeton University Press, 2000). To find the best way to present various materials, I went through virtually every game theory book in existence. For the presentation of the basic material on normal and extensive form games, nothing even came close to this book in clarity of presentation and depth of understanding of the issues. Most textbooks, even highly touted ones that are mathematically challenging, do not even come close, and rarely even present the material in a coherent form at all.
I used to do a lot of carpentry, and I always knew the good carpenters from the run of the mill. The latter talk about how to build stuff. The good ones talked about how you choose, preserve, treat, and sharpen your tools. Myerson is, for game theory, like the good carpenter, and this book is more about the nature of the tools of game theory than their deployment--although it is certainly that, too.
The subtitle of this book is silly ("The Analysis of Conflict"). Game theory is the analysis of cooperation as much as conflict, and much, much else as well. So is this book.
76 of 76 people found the following review helpful
5.0 out of 5 stars Masterpiece 24 Mar 2004
By A Customer - Published on
This book is a masterpiece: it goes from the simple and straightforward (with examples of sequential equilibria) to technical and challenging material (such as the Mertens-Zamir type space). I own Fudenberg-Tirole and Osborne-Rubinstein, but it is Myerson that gets picked up the most. What I find most rewarding is that Myerson introduces everything gently, working from examples to build a general theory.
92 of 96 people found the following review helpful
5.0 out of 5 stars Game Theory : Analysis of Conflict 12 May 2000
By Adrian Peralta-Alva - Published on
I found this book very helpful in my first year of the Ph D in Economics. I also have used MasColell and Kreps but Myerson was the only one that actually help me understanding complicated concepts as the always Hard Sequential Equilibrium. It is the only book that covers both, sequential and Perfect equilibrium with examples and solutions so that you understand what is going on. If you are willing to buy a Game Theory book I will definitely go for this one. If that is not enough you should also see that the cost benefit ratio of Myerson's book is undoubtly the best of any other one.
Adrian Peralta. Graduate Student University of Minnesota Economics Department
9 of 10 people found the following review helpful
4.0 out of 5 stars Great Textbook On Game Theory 3 April 2009
By Joseph B. Schulz - Published on
This is a great book, containing an incredible wealth of knowledge. It's all explained very well, by one of the premier game theory experts in the world (who also won the Nobel Prize, by the way). I'm not surprised at all to see that this book has been reviewed by several Ph D students.

The only problem is that it's a difficult read. Don't be fooled by the word "introduction" in the description: this book is packed with mathematics, and is written in a very dense, academic style. If you want a more lighthearted introduction to game theory, without all the equations, I highly recommend "Thinking Strategically" by Dixit and Nalebuff. It may not be quite as substantive as this tome, but it's a much better choice for the semi-casual reader.
3 of 3 people found the following review helpful
5.0 out of 5 stars Good stuff 18 Oct 2007
By ? guy - Published on
excellent book,very comprehensive step by step approach.I especially enjoyed the sections on Nash equilibria and infinite strategies.Great for those who wish to understand the underlying foundations of decision making via both simple and intricate mathematics. The concepts are also explained well in english through generally understood examples.
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