Game Theory And Strategy Explained

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Game Theory and Strategy

Author : Philip D. Straffin
Publisher : American Mathematical Society
Page : 256 pages
File Size : 45,6 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.

Game Theory 101

Author : William Spaniel
Publisher : Unknown
Page : 273 pages
File Size : 41,9 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.

Game Theory

Author : Roger A. McCain
Publisher : World Scientific
Page : 632 pages
File Size : 52,8 Mb
Release : 2010
Category : Mathematics
ISBN : 9789814289658

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Game Theory by Roger A. McCain Pdf

Fundamentals; Two-Person Games; Larger Numbers and Uncertainty; Games in Extensive Form and Repeated Play; Cooperation; Behavioral Game Theory; Selected Applications.

Game Theory and Strategy Explained

Author : Can Akdeniz
Publisher : Can Akdeniz
Page : 40 pages
File Size : 40,9 Mb
Release : 2015-05-12
Category : Electronic
ISBN : 8210379456XXX

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Game Theory and Strategy Explained by Can Akdeniz Pdf

Game Theory has evolved since its inception, but at its root, it is the modeling of strategic interactions between two or more players where there is a set of rules and outcomes! This basic definition gets to the heart of what Game Theory is. And this can be applied to almost any situation in your life and your business. Regardless of your status, as an entrepreneur or a part of the employed, this theory can serve you well. It can help you develop strategic approaches to real life situations, where you predict, with remarkable accuracy, the best possible route towards the best possible outcomes. If you wanted to have a crystal ball, one that helps you predict the future, then Game Theory would be as close to that crystal ball as you can get, in real-life! Game Theory and Strategy go hand in hand. In fact, they are like the big brother and the little brother of social interaction. Where Game Theory is the big brother, used to guide you along the way, Strategy is the little brother, needing guidance, and who cannot exist successfully in the absence of ‘big brother’! They, therefore, have a tandem and reciprocal relationship.

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

Author : Avinash K. Dixit,Barry J. Nalebuff
Publisher : W. W. Norton & Company
Page : 512 pages
File Size : 44,7 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.

Game Theory and Strategy for Business Explained

Author : Can Akdeniz
Publisher : Can Akdeniz
Page : 40 pages
File Size : 47,7 Mb
Release : 2015-08-30
Category : Electronic
ISBN : 8210379456XXX

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Game Theory and Strategy for Business Explained by Can Akdeniz Pdf

Do you feel as if your work life is not quite as productive as it could be? You go to work every day, but you feel like your business is absolutely not booming? Trust me, I know how that feels, and I know that this is the book that will change your career for the better! In this book, I talk about game theory for business, a proven strategic method that really works. You can use game theory to boost your work life permanently, and learn how to make good decisions that will benefit you—something that everyone should know how to do. In this book, you’ll learn: An introduction to the basic concepts of game theory A brief history of game theory Nash equilibrium for business strategies Competitive games Noncompetitive games Practical application of game theory And lots more! No more procrastinating. Read this book!

Strategies and Games, second edition

Author : Prajit K. Dutta,Wouter Vergote
Publisher : MIT Press
Page : 713 pages
File Size : 54,7 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.

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

Author : Roger A Mccain
Publisher : World Scientific
Page : 548 pages
File Size : 51,7 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

Author : Roger A McCain
Publisher : World Scientific Publishing Company
Page : 600 pages
File Size : 55,7 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].

A Course in Game Theory

Author : Martin J. Osborne,Ariel Rubinstein
Publisher : MIT Press
Page : 374 pages
File Size : 44,6 Mb
Release : 1994-07-12
Category : Business & Economics
ISBN : 0262650401

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A Course in Game Theory by Martin J. Osborne,Ariel Rubinstein Pdf

A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises.

GAME THEORY

Author : Roger B. Myerson
Publisher : Harvard University Press
Page : 585 pages
File Size : 48,6 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9780674728615

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GAME THEORY by Roger B. Myerson Pdf

Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information.

Behavioral Game Theory

Author : Colin F. Camerer
Publisher : Princeton University Press
Page : 568 pages
File Size : 45,6 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.

Game Theory

Author : Steve Tadelis
Publisher : Princeton University Press
Page : 416 pages
File Size : 45,6 Mb
Release : 2013-01-06
Category : Business & Economics
ISBN : 9780691129082

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Game Theory by Steve Tadelis Pdf

The definitive introduction to game theory This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives. Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them. Introduces the core ideas and applications of game theory Covers static and dynamic games, with complete and incomplete information Features a variety of examples, applications, and exercises Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission Ideal for advanced undergraduate and beginning graduate students Complete solutions available to teachers and selected solutions available to students

An Introduction to Game Theory

Author : Martin J. Osborne
Publisher : Oxford University Press, USA
Page : 533 pages
File Size : 48,9 Mb
Release : 2009-01
Category : Mathematics
ISBN : 0195322487

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An Introduction to Game Theory by Martin J. Osborne Pdf

This text emphasizes the ideas behind modern game theory rather than their mathematical expression, but defines all concepts precisely. It covers strategic, extensive and coalitional games and includes the topics of repeated games, bargaining theory and evolutionary equilibrium.

Game Theory

Author : Aviad Heifetz
Publisher : Cambridge University Press
Page : 461 pages
File Size : 40,7 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.