This book's introduces one of the most powerful tools of modern economics to a wide audience - not only those who will specialize as pure game theorists but also those who will construct (or even just consume) game-theoretic models in applied fields of economics.
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Most Helpful Customer Reviews
21 of 24 people found the following review helpful
By S. Mazumder
Format:Paperback
This is perhaps the best text that is out there on game theory, at least for undergraduates. It's a short text, which is written in an easily understood way, which is highly coherent. There is a lot of mathematics, but is explained thoroughly, so should be easy to follow.
The best feature of this book is the many game theoretic applications that are provided. This games are particular useful when applied to both Microeconomic and Macroeconomic theory, so this book has a lot to offer.
By Kjetil
Format:Paperback|Amazon Verified Purchase
Coming in at about 250 A5 pages, all in black and white with all the fancy editing you could expect from microsoft word 98 edition, this book wastes no paper nor ink. It is extremely concise and every single word is vital for understanding.
As a student, I find this infuriating. While the mathematics is very simple, it features only sums and simple calculus, Gibbons has a habit of doing three or four mathematical operations in one go, without informing us lowly mortals as to why or what, so in many examples you'll find yourself scratching your head trying to reverse engineer the process he used to get from A to B. Game theory is a subject where you juggle lots and lots of variables at once, so when you add the above confusion it can feel like banging your head against the wall sometimes.
This book in many ways has more in common with a formula collection than a textbook, and as such I cannot recommend it to anyone who's new to the subject of game theory.
As a student, I find this infuriating. While the mathematics is very simple, it features only sums and simple calculus, Gibbons has a habit of doing three or four mathematical operations in one go, without informing us lowly mortals as to why or what, so in many examples you'll find yourself scratching your head trying to reverse engineer the process he used to get from A to B. Game theory is a subject where you juggle lots and lots of variables at once, so when you add the above confusion it can feel like banging your head against the wall sometimes.
This book in many ways has more in common with a formula collection than a textbook, and as such I cannot recommend it to anyone who's new to the subject of game theory.
By Garrold
Format:Paperback|Amazon Verified Purchase
This book is a very logical, systematic introduction to game theory. It is focussed on economics, so should be ideal for economics undergrads. There is a little mathematics background assumed (school level calculus should suffice), but the mathematics is sometimes omitted entirely, which can make the text difficult to follow. So, overall I would wholeheartedly recommend this book.
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Most Recent Customer Reviews
5.0 out of 5 stars
Fantastic
The best feature of this book is the many game theoretic applications that are provided.
So, overall I would wholeheartedly recommend this book.
So, overall I would wholeheartedly recommend this book.
Published 2 months ago by Nurcan Kilinc
5.0 out of 5 stars
Compact and formal
Gibbon's text is sufficiently formal to provide genuine understanding and a basis for further expansion. It is also concise, a blessing in any such treatise. Read more
Published 17 months ago by MCPearce
5.0 out of 5 stars
Excellent Intro
If you know nothing about game theory, consider this book. It's easy to understand and has practical exmples straight to the point of theory.
Published on 6 Nov 2010 by Sam
5.0 out of 5 stars
great book for exam.
to ans the spence model with intutive criterion, and maybe cheap talk as well, in a rigorous while easy-to-follow way in my exam, i find no literature (no text, no journal) but... Read more
Published on 13 Jan 2004 by C. F. Kuong
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