Fascinating, accessible introduction to enormously important intellectual system with numerous applications to social, economic, political problems. Newly revised edition offers overview of game theory, then lucid coverage of the two-person zero-sum game with equilibrium points; the general, two-person zero-sum game; utility theory; other topics. Problems at start of each chapter. Foreword to First Edition by Oskar Morgenstern. Bibliography.
Game Theory: A Nontechnical Introduction
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Most Helpful Customer Reviews
11 of 14 people found the following review helpful
By The Emperor
TOP 1000 REVIEWER
Format:Paperback|Amazon Verified Purchase
I learned a lot from this. The difficulty level is nicely judged though it can be a bit dry at times.
Overall it lived up to its title.
Overall it lived up to its title.
17 of 22 people found the following review helpful
Format:Paperback
To me this has been an interesting and serious introduction to game theory. I can only recommend it as a solid introduction to the topic.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
4.0 out of 5 stars
22 reviews
102 of 103 people found the following review helpful
4.0 out of 5 stars
An Introduction to Game Theory
3 Mar 2003
By RV
- Published on Amazon.com
Format:Paperback
As the name implies, this is a non-technical introduction to a very complex and technical subject. As such, the writer walks a very fine line between making the subject matter understandable to the lay-person and providing scientific support for his arguments. He is able to do this with a mixed level of success.
The first few chapters of the book deal with relatively simple subject matter, two person zero sum games. In these chapters, the author is easily able to explain the concepts and solutions without getting technical. However, as the book progresses, the author grapples with ever more complex problems, such as two person non-zero-sum games and with n-person games. As the problems become more complex, the author's explanations become less well organized and clear. It is obvious that behind the arguments stand solid mathematical reasoning, however since the book tries to avoid mathematics as much as possible, many of the explanations and assumptions remain vague.
Although I was familiar with many of the concepts in the book, this is the first book I have read on game theory. Was it worth it? Absolutely. Although I would have liked to receive more in-depth explanations in many cases, I felt that the book opened a window for me into this fascinating world. I was especially pleased with the many real world examples the author uses to illustrate the wide-ranging applications of game theory. These examples include an application of game theory to the evolution of species; and the use of game theory to determine who holds the power in a political system. More well known concepts, such as the Prisoners' Dilemma, are also comprehensively discussed.
Bottom line, this is a really enjoyable book that covers a very challenging subject. If a non-technical introduction to game theory is what you want, this is the book for you. However, if you are more mathematically inclined or have already read a book or two on the subject, you will probably want to pick up a more advanced book.
109 of 116 people found the following review helpful
4.0 out of 5 stars
A good attempt at a difficult undertaking...
1 Sep 2002
By triskaidekaphilia
- Published on Amazon.com
Format:Paperback|Amazon Verified Purchase
Davis' book suffers from its very nature -- it attempts to explain a highly technical, that is, mathematical, subject without using mathematics. Davis is only partially successful in avoiding the use of mathematics; given the almost impossible nature ot the task, he does quite a good a job at explaining game theory.
The chapters on zero sum games hold together nicely and manage to leave the reader with an understanding of their nature as well as how to arrive at a Pareto-optimal solution. (Small rant: It drives me absolutely bonkers when I hear business school grads tossing around the word "Pareto" as if they had any idea of what they spoke!) When non-zero sum games are introduced, however, Davis simply cannot overcome the complexity of trying to explain multi-variable solutions with mere words. He resorts to quasi-mathematical explanations or makes assumptions that would not be at all obvious to the lay reader.
This book is an excellent refresher in game theory, or a good primer for those with some knowledge of the topic and some intuitive mathematics.
The chapters on zero sum games hold together nicely and manage to leave the reader with an understanding of their nature as well as how to arrive at a Pareto-optimal solution. (Small rant: It drives me absolutely bonkers when I hear business school grads tossing around the word "Pareto" as if they had any idea of what they spoke!) When non-zero sum games are introduced, however, Davis simply cannot overcome the complexity of trying to explain multi-variable solutions with mere words. He resorts to quasi-mathematical explanations or makes assumptions that would not be at all obvious to the lay reader.
This book is an excellent refresher in game theory, or a good primer for those with some knowledge of the topic and some intuitive mathematics.
49 of 53 people found the following review helpful
5.0 out of 5 stars
A must for beginner
16 July 2004
By T. W. M. Philip
- Published on Amazon.com
Format:Paperback
This is an extremely well written book. It strikes a good balance between a mere book of giving skin deep introductory knowledge of game theory, and a book with too much technical stuff (esp. mathematical proof). The author made a good job almost like Stephen Hawking and Richard Feyman to explain difficult thing with an easy and friendly way. What's more, the author included also many varies paradoxes, theroms from many great leaders in the game theory's field. In beginning of each chapter, the author listed some questions for the reader to think about, before moving forward. I must say this is a very good book for those who are not very sophisticated and advance in mathematics, or as a very first entry for anyone who wants to pursuit and learn game theory.
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