on 28 November 2011
As an Oxford University economics graduate student, I have struggled through mountains of textbook mediocrity seeking the optimal game theory pedagogue; Herb Gintis is, without a doubt, one of the best - if not the best - teachers of game theory. Forget Tirole. With basic knowledge of probability and calculus, one can reach the promised land of equilibrium enlightenment.
The key distinction between Gintis' approach, as opposed to other textbooks' approaches, is that Gintis uses crisp, clear language without going off on meaningless tangents. He also includes several problems, with partial answers at the back of the book. This makes "Game Theory Evolving" ideal for self-learning.
I cannot recommend this book enough if you wish to learn game theory. Everything is covered - from simple pure strategy games to principal-agent problems to evolutionary game theory. Get the 2nd edition though, as the 1st has a number of typos.