Game Theory And Strategy

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Game Theory and Strategy

Philip D. Straffin
Game Theory and Strategy Book PDF

Author : Philip D. Straffin
Publisher : American Mathematical Society
Page : 256 pages
File Size : 46,9 Mb
Release : 2023-01-06
Category : Mathematics
ISBN : 9781470471965

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Game Theory and Strategy by Philip D. Straffin Pdf

This book is an introduction to mathematical game theory, which might better be called the mathematical theory of conflict and cooperation. It is applicable whenever two individuals—or companies, or political parties, or nations—confront situations where the outcome for each depends on the behavior of all. What are the best strategies in such situations? If there are chances of cooperation, with whom should you cooperate, and how should you share the proceeds of cooperation? Since its creation by John von Neumann and Oskar Morgenstern in 1944, game theory has shed new light on business, politics, economics, social psychology, philosophy, and evolutionary biology. In this book, its fundamental ideas are developed with mathematics at the level of high school algebra and applied to many of these fields (see the table of contents). Ideas like “fairness” are presented via axioms that fair allocations should satisfy; thus the reader is introduced to axiomatic thinking as well as to mathematical modeling of actual situations.

Strategies and Games, second edition

Prajit K. Dutta,Wouter Vergote
Strategies and Games second edition Book PDF

Author : Prajit K. Dutta,Wouter Vergote
Publisher : MIT Press
Page : 713 pages
File Size : 40,8 Mb
Release : 2022-08-09
Category : Business & Economics
ISBN : 9780262368506

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Strategies and Games, second edition by Prajit K. Dutta,Wouter Vergote Pdf

The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.

The Art of Strategy: A Game Theorist's Guide to Success in Business and Life

Avinash K. Dixit,Barry J. Nalebuff
The Art of Strategy A Game Theorist s Guide to Success in Business and Life Book PDF

Author : Avinash K. Dixit,Barry J. Nalebuff
Publisher : W. W. Norton & Company
Page : 512 pages
File Size : 50,5 Mb
Release : 2010-01-04
Category : Business & Economics
ISBN : 0393069958

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The Art of Strategy: A Game Theorist's Guide to Success in Business and Life by Avinash K. Dixit,Barry J. Nalebuff Pdf

“I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment.”—Steven Levitt Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.

Strategy and Game Theory

Felix Munoz-Garcia,Daniel Toro-Gonzalez
Strategy and Game Theory Book PDF

Author : Felix Munoz-Garcia,Daniel Toro-Gonzalez
Publisher : Springer
Page : 341 pages
File Size : 51,6 Mb
Release : 2016-08-10
Category : Mathematics
ISBN : 9783319329635

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Strategy and Game Theory by Felix Munoz-Garcia,Daniel Toro-Gonzalez Pdf

This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for masters level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. This text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and master’s level.

Game Theory and Strategy

Philip D. Straffin
Game Theory and Strategy Book PDF

Author : Philip D. Straffin
Publisher : MAA
Page : 258 pages
File Size : 52,6 Mb
Release : 1993
Category : Mathematics
ISBN : 0883856379

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Game Theory and Strategy by Philip D. Straffin Pdf

This book deals with applications of game theory in a wide variety of disciplines.

Game Theory

Aviad Heifetz
Game Theory Book PDF

Author : Aviad Heifetz
Publisher : Cambridge University Press
Page : 461 pages
File Size : 51,7 Mb
Release : 2012-05-31
Category : Business & Economics
ISBN : 9780521176040

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Game Theory by Aviad Heifetz Pdf

A guide to the fundamentals of game theory for undergraduates and MBA students.

Game Theory 101

William Spaniel
Game Theory 101 Book PDF

Author : William Spaniel
Publisher : Unknown
Page : 273 pages
File Size : 54,5 Mb
Release : 2014
Category : Game theory
ISBN : 1492728152

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Game Theory 101 by William Spaniel Pdf

Game Theory 101: The Complete Textbook is a no-nonsense, games-centered introduction to strategic form (matrix) and extensive form (game tree) games. From the first lesson to the last, this textbook introduces games of increasing complexity and then teaches the game theoretical tools necessary to solve them. Quick, efficient, and to the point, Game Theory 101: The Complete Textbook is perfect for introductory game theory, intermediate microeconomics, and political science.

Strategy and Politics

Emerson Niou,Peter C. Ordeshook
Strategy and Politics Book PDF

Author : Emerson Niou,Peter C. Ordeshook
Publisher : Routledge
Page : 424 pages
File Size : 46,9 Mb
Release : 2015-05-15
Category : Political Science
ISBN : 9781317563112

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Strategy and Politics by Emerson Niou,Peter C. Ordeshook Pdf

Strategy and Politics: An Introduction to Game Theory is designed to introduce students with no background in formal theory to the application of game theory to modeling political processes. This accessible text covers the essential aspects of game theory while keeping the reader constantly in touch with why political science as a whole would benefit from considering this method. Examining the very phenomena that power political machineries—elections, legislative and committee processes, and international conflict, the book attempts to answer fundamental questions about their nature and function in a clear, accessible manner. Included at the end of each chapter is a set of exercises designed to allow students to practice the construction and analysis of political models. Although the text assumes only an elementary-level training in algebra, students who complete a course around this text will be equipped to read nearly all of the professional literature that makes use of game theoretic analysis.

Game Theory for Business

Paul A. Papayoanou
Game Theory for Business Book PDF

Author : Paul A. Papayoanou
Publisher : Probabilistic Publishing
Page : 173 pages
File Size : 42,6 Mb
Release : 2010
Category : Game theory
ISBN : 0964793873

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Game Theory for Business by Paul A. Papayoanou Pdf

Business executives, managers, and negotiators regularly interact in ways that resemble a game of chess. Yet while game theory is the leading tool in academia for analyzing such interdependent choices, its use in the business world has been limited by its perceived lack of practicality. Until now, that is. "Game Theory for Business: A Primer in Strategic Gaming" outlines a straightforward, practical approach for using game theory. The book demonstrates how Strategic Gaming has, can, and should be applied to help savvy strategists and negotiators shape and play the game of business effectively.

Behavioral Game Theory

Colin F. Camerer
Behavioral Game Theory Book PDF

Author : Colin F. Camerer
Publisher : Princeton University Press
Page : 568 pages
File Size : 44,9 Mb
Release : 2011-09-05
Category : Business & Economics
ISBN : 9781400840885

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Behavioral Game Theory by Colin F. Camerer Pdf

Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of information from ongoing studies in strategic behavior, he takes the experimental science of behavioral economics a major step forward. He does so in lucid, friendly prose. Behavioral game theory has three ingredients that come clearly into focus in this book: mathematical theories of how moral obligation and vengeance affect the way people bargain and trust each other; a theory of how limits in the brain constrain the number of steps of "I think he thinks . . ." reasoning people naturally do; and a theory of how people learn from experience to make better strategic decisions. Strategic interactions that can be explained by behavioral game theory include bargaining, games of bluffing as in sports and poker, strikes, how conventions help coordinate a joint activity, price competition and patent races, and building up reputations for trustworthiness or ruthlessness in business or life. While there are many books on standard game theory that address the way ideally rational actors operate, Behavioral Game Theory stands alone in blending experimental evidence and psychology in a mathematical theory of normal strategic behavior. It is must reading for anyone who seeks a more complete understanding of strategic thinking, from professional economists to scholars and students of economics, management studies, psychology, political science, anthropology, and biology.

Applied Game Theory and Strategic Behavior

Ilhan K. Geckil,Patrick L. Anderson
Applied Game Theory and Strategic Behavior Book PDF

Author : Ilhan K. Geckil,Patrick L. Anderson
Publisher : CRC Press
Page : 230 pages
File Size : 53,7 Mb
Release : 2016-04-19
Category : Mathematics
ISBN : 158488844X

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Applied Game Theory and Strategic Behavior by Ilhan K. Geckil,Patrick L. Anderson Pdf

Useful Tools to Help Solve Decision Making Problems Applied Game Theory and Strategic Behavior demonstrates the use of various game theory techniques to address practical business, economic, legal, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of other parties. Real-world applications of game theory Exploring a variety of games, the book outlines the process of modeling game theory questions while thinking strategically. It introduces core concepts through simple examples and case studies taken from the authors’ consulting work in the automotive, beer, wine, and spirits industries as well as in debates over government regulation. The authors include newly developed software applications that can construct and solve game theory models and present strategic options in clear, visual diagrams. Out of the box and into the business world Striking the right balance between necessary mathematics and practical applications, this book shows how game theory can be used in real life, not just in mathematical models. It helps readers improve their strategic thinking, define games based on actual situations, model games with payoffs and probabilities, and make strategically sound decisions.

Games of Strategy

Dixit, Avinash K,Skeath, Susan
Games of Strategy Book PDF

Author : Dixit, Avinash K,Skeath, Susan
Publisher : W. W. Norton & Company
Page : 13 pages
File Size : 47,5 Mb
Release : 2015-01-05
Category : Business & Economics
ISBN : 9780393920758

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Games of Strategy by Dixit, Avinash K,Skeath, Susan Pdf

A clear, comprehensive introduction to the study of game theory. In the fourth edition, new real-world examples and compelling end-of-chapter exercises engage students with game theory.

Playing to Win

David Sirlin
Playing to Win Book PDF

Author : David Sirlin
Publisher : Lulu.com
Page : 144 pages
File Size : 44,7 Mb
Release : 2006-04-01
Category : Games
ISBN : 9781411666795

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Playing to Win by David Sirlin Pdf

Winning at competitive games requires a results-oriented mindset that many players are simply not willing to adopt. This book walks players through the entire process: how to choose a game and learn basic proficiency, how to break through the mental barriers that hold most players back, and how to handle the issues that top players face. It also includes a complete analysis of Sun Tzu's book The Art of War and its applications to games of today. These foundational concepts apply to virtually all competitive games, and even have some application to "real life." Trade paperback. 142 pages.

Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (Fourth Edition)

Roger A Mccain
Game Theory A Nontechnical Introduction To The Analysis Of Strategy Fourth Edition Book PDF

Author : Roger A Mccain
Publisher : World Scientific
Page : 548 pages
File Size : 45,5 Mb
Release : 2023-05-29
Category : Mathematics
ISBN : 9789811262975

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Game Theory: A Nontechnical Introduction To The Analysis Of Strategy (Fourth Edition) by Roger A Mccain Pdf

As with the previous editions, this fourth edition relies on teaching by example and the Karplus Learning Cycle to convey the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Noncooperative equilibrium concepts such as Nash equilibrium, mixed strategy equilibria, and subgame perfect equilibrium are systematically introduced in the first half of the book. Bayesian Nash equilibrium is briefly introduced. The subsequent chapters discuss cooperative solutions with and without side payments, rationalizable strategies and correlated equilibria, and applications to elections, social mechanism design, and larger-scale games. New examples include panic buying, supply-chain shifts in the pandemic, and global warming.

Game Theory

Roger A McCain
Game Theory Book PDF

Author : Roger A McCain
Publisher : World Scientific Publishing Company
Page : 600 pages
File Size : 48,9 Mb
Release : 2014-04-29
Category : Mathematics
ISBN : 9789814578899

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Game Theory by Roger A McCain Pdf

The objective of the third edition of Game Theory: A Nontechnical Introduction to the Analysis of Strategy is to introduce the ideas of game theory in a way that is approachable, intuitive, and interdisciplinary. Relying on the Karplus Learning Cycle, the book is intended to teach by example. Noncooperative equilibrium concepts such as Nash equilibrium play the central role. In this third edition, increased stress is placed on the concept of rationalizable strategies, which has proven in teaching practice to assist students in making the bridge from intuitive to more formal concepts of noncooperative equilibrium. The Instructor Manual and PowerPoint Slides for the book are available upon request for all instructors who adopt this book as a course text. Please send your request to [email protected].