- Paperback: 384 pages
- Publisher: Alpha Books (1 Mar. 2011)
- Language: English
- ISBN-10: 161564055X
- ISBN-13: 978-1615640553
- Product Dimensions: 18.8 x 2.3 x 23.1 cm
- Average Customer Review: 4.7 out of 5 stars See all reviews (6 customer reviews)
- Amazon Bestsellers Rank: 339,201 in Books (See Top 100 in Books)
The Complete Idiot's Guide to Game Theory (Complete Idiot's Guides (Lifestyle Paperback)) Paperback – 1 Mar 2011
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About the Author
Edward C. Rosenthal, Ph.D., is an award winning professor in the Fox School of Business and Management at Temple University. His work has been published in such journals as International Journal of Game Theory, Journal of Public Economics, European Journal of Operational Research, Games and Economic Behavior, The Energy Journal, Theory and Decision, Social Networks, and Decision Sciences.
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Top Customer Reviews
In the first place, I want to complement the author on the range of topics he covers. He starts with the well-known concepts in game theory, such as Prisoner's Dilemma. But he moves on to the most interesting generalisations, such as Nash equilibrium and Pareto optimality. Even more interesting, he addresses topics which are still being actively researched, such as games with incomplete information. Also, unlike some other writers, Rosenthal has also covered cooperative games, which involve sharing of rewards.
Personally, what I found most appealing is the range of applications he discusses. Rosenthal is clearly widely read and his erudition shows through. Voting, auctions, biology as well as many everyday situations all show up all over the book. In particular, I find the examples from evolution theory particularly interesting. Even specialists in these areas who are not mathematically knowledgeable would benefit from reading and understanding the concepts in game theory.
Finally, game theory has a history of dense writing, starting with Von Neumann and Morgensten's unreadable tome. This book goes a long way towards remedying that.