Designed for the serious reader, this book teaches strategy through the use of game theory. The focus is on setting up and solving games, especially those that arise in economics and business. Develops modeling skills as well as the ability to implement a certain format, the form of the game, by using proven applications and examples of setups. Contains an analogous framework of necessary condition (equilibrium) and sufficient conditions such as undominated strategies, symmetry and subgame perfection to motivate solutions. Features a variety of examples ranging from the Bible to Wall Street.
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Description: An easy-to-read, and enjoyable introduction to game theory! This clearly written book shows readers how to set up and solve games, particulaly those in economics and business, using game theory. Gardener's innovative approach helps readers develop strong modeling skills by using proven applications and examples of setups. The book also features a variety of examples, including many from business, politics, economics, and history.
From the Back Cover
Can you really make money playing the lottery?
How do companies make larger profits after cutting their television advertisements?
Why are financial reports like a game of five–card draw?
Whether you′re a veteran in the business game or have just sat down to play, this book will teach you the importance of rules and how to use them to your advantage. Here you can learn the basic strategies for being competitive in a variety of situations, from the blackjack table to the boardroom table. Pull up a chair and prepare to solve gaming problems as they relate to the business and economic environments today.
Features:
- Reduced coverage of calculus makes content accessible to a larger audience without sacrificing essential subject matter.
- Topics now include examples from popular media events such as the Enron scandal and the film A Beautiful Mind.
- Additional coverage on chance in games involves a tour of the gaming and entertainment industry in the United States.
- Engaging content development teaches theories through the use of creative examples before they are taught as models and applications.
About Roy Gardner:
As the author or contributor to more than 50 journal articles and a dozen books, Roy Gardner specializes in game theory and its applications to economic and politicallife. The science foundations of the United States, France, and Germany, the Swedish Ministry of Foreign Aid, and the Eurasia Foundation have funded his research, and he has also served on the National research Council Panels for Economics and the History and Philosophy of Science. --This text refers to an out of print or unavailable edition of this title.
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A must-have to anyone learning the first steps in Game T.
4 Oct 1996
By A Customer
- Published on Amazon.com
Format:Paperback
Anybody looking for an easy to read book about game theory, don't search no more, this is the one. It covers all the main subjects of game theory in a very simple way, not sacrificing its technical qualities. It is richly filled with real world examples and all mathematical questions are covered in a step-by-step way.
This should be the first text to anyone seriously thinking of learning Game Theory
This should be the first text to anyone seriously thinking of learning Game Theory
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