Written in a crisp and approachable style, Games and Information uses simple modeling techniques and straightforward explanations to provide students with an understanding of game theory and information economics. Written for introductory courses seeking a little rigor. The 4th edition brings the material fully up–to–date and includes new end–of–chapter problems and classroom projects, as well as a math appendix. Accompanied by a comprehensive website featuring solutions to problems and teaching notes.
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Praise for the 3rd edition "Rasmusen’s Games and Information provides wonderful coverage of the basics of game theory and information economics. His consistent style of presenting the theoretical structures lucidly unifies his test’s wide and well–chosen range of applications. I wish that all my students could take a course based on this book, and envy them the opportunity." Maxwell B. Stinchcombe, University of Texas at Austin "This is a terrific book bringing together two strands in the recent literature on economic theory, namely game theory and the economics of asymmetric information. The style is brisk, the arguments are rigorous and it seems to be pitched at exactly the right level." Partha Dasgupta, University of Cambridge
From the Back Cover
What may be the most successful introductory game theory textbook ever written is now available in its fourth edition. Since it first published in 1989, successive editions have made its presentation ever more elegant, with incisive problem sets and applications. Written in a crisp and approachable style, Games and Information, 4e uses simple modeling techniques and straightforward explanations to provide students with an understanding of game theory and information economics. The fourth edition brings this material completely up–to–date, adds new end–of–chapter problems and classroom games, and is accompanied by a comprehensive website, featuring problem solutions and teaching notes: www.rasmusen.org/GI. With its emphasis on applications of game theory and information economics to a vast array of disciplines, Games and Information, 4e provides an accessible first course for students in backgrounds as diverse as economics, business, mathematics, and political science.
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Most Helpful Customer Reviews
3 of 6 people found the following review helpful
Format:Hardcover
I bought this book after hearing about game theory from a corporate strategy lecturer at uni and wanted a good introduction to the subject. On reading the title the book sounded ideal, however, the level of mathematics required is above and beyond what I had anticipated. I have done AS and A2 pure mathematics and economics before starting my business degree and still found parts of this book to be extremely difficult and inaccessible. As with most books of this sort which require a high level of maths there is little in the introduction to prepare you for what is to come in further chapters, and amazon (or the authors, I'm never sure who is responsible) frequently cut out this section on the search inside facility hmmmmm!?!? Anyway, I should still give praise where it is due, the book does cover a lot of material and gives clear and consise examples to demonstrate every topic. It would serve quite well as a second or third book on the subject for those with AS and A2 maths under their belt. I would advise anyone else to stear clear.
4 of 10 people found the following review helpful
By A Customer
Format:Hardcover
This is one of the best books in games theory I've ever read. Professor Rasmusen develops a very concise and easy to understand review of the literature of the state of the art in games and information theory.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
3.8 out of 5 stars
4 reviews
9 of 9 people found the following review helpful
5.0 out of 5 stars
Great introduction
30 Dec 2009
By Timothy Michael Vock
- Published on Amazon.com
Format:Hardcover
This textbook was required in the game theory class I took in economics graduate school. For a grad text, it's simple and easy, but that's the beauty of it. I read it cover-to-cover, enjoying each page, and coming away with a deeper understanding and wanting to continue learning and applying the concepts. I guarantee I couldn't do this with the books used in most of my other classes. It helped me do exceedingly well in class and impress my department chair.
The author explains concepts in a step-by-step approach, so I never felt overwhelmed. They always returned to examples that were as simple as possible to illustrate the concepts, then built on them as you learn more through the chapters. Applications ranged from war games to business competition to downright silly anecdotes.
I see uses for the understanding of game theory I first acquired in this book all the time. People around me become interested and ask me where to get a good primer on the subject. I always recommend this book and lend it out so much that, in honesty, I should just buy another copy.
The author explains concepts in a step-by-step approach, so I never felt overwhelmed. They always returned to examples that were as simple as possible to illustrate the concepts, then built on them as you learn more through the chapters. Applications ranged from war games to business competition to downright silly anecdotes.
I see uses for the understanding of game theory I first acquired in this book all the time. People around me become interested and ask me where to get a good primer on the subject. I always recommend this book and lend it out so much that, in honesty, I should just buy another copy.
25 of 31 people found the following review helpful
3.0 out of 5 stars
A good introduction for game theory students
28 Oct 1998
By A Customer
- Published on Amazon.com
Format:Hardcover
This is a good text for game theory students. Concise and well structured, it gives sufficient details to provide a good understanding of the subject. The math is easy to follow although the choice of words may sometimes be inappropriate resulting in a logical jump, but that is well compensated by the content. There are some typo mistakes which should be corrected by the next edition. The author tries to moderate the math with logical explanantions and does it with reasonable success although some sections can still be improved. The section on bargaining, for example, is poorly explained. Overall, a good text for teaching.
0 of 3 people found the following review helpful
3.0 out of 5 stars
Product was good but scratched.
28 Dec 2012
By Matthias
- Published on Amazon.com
Format:Hardcover
Read the title. Also, if you study this, you are cool, dont let anyone tell you otherwise.
3 more words.
3 more words.
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3.8 out of 5 stars
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