Game Theory And Strategy

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Game Theory and Strategy

Author : Philip D. Straffin
Publisher : American Mathematical Society
ISBN 13 : 1470471965
Total Pages : 256 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Game Theory and Strategy by : Philip D. Straffin

Download or read book Game Theory and Strategy written by Philip D. Straffin and published by American Mathematical Society. This book was released on 2023-01-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Prajit K. Dutta
Publisher : MIT Press
ISBN 13 : 0262041693
Total Pages : 507 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Strategies and Games by : Prajit K. Dutta

Download or read book Strategies and Games written by Prajit K. Dutta and published by MIT Press. This book was released on 1999-02-16 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has become increasingly popular among undergraduate aswell as business school students. This text is the first to provideboth a complete theoretical treatment of the subject and a variety ofreal-world applications, primarily in economics, but also in business,political science, and the law. Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science, and the law. Strategies and Games grew out of Prajit Dutta's experience teaching a course in game theory over the last six years at Columbia University.The book is divided into three parts: Strategic Form Games and Their Applications, Extensive Form Games and Their Applications, and Asymmetric Information Games and Their Applications. The theoretical topics include dominance solutions, Nash equilibrium, backward induction, subgame perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling. An appendix presents a thorough discussion of single-agent decision theory, as well as the optimization and probability theory required for the course.Every chapter that introduces a new theoretical concept opens with examples and ends with a case study. Case studies include Global Warming and the Internet, Poison Pills, Treasury Bill Auctions, and Final Jeopardy. Each part of the book also contains several chapter-length applications including Bankruptcy Law, the NASDAQ market, OPEC, and the Commons problem. This is also the first text to provide a detailed analysis of dynamic strategic interaction.

Game Theory 101

Author : William Spaniel
Publisher :
ISBN 13 : 9781492728153
Total Pages : 273 pages
Book Rating : 4.7/5 (281 download)

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Book Synopsis Game Theory 101 by : William Spaniel

Download or read book Game Theory 101 written by William Spaniel and published by . This book was released on 2014 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Aviad Heifetz
Publisher : Cambridge University Press
ISBN 13 : 0521176042
Total Pages : 461 pages
Book Rating : 4.5/5 (211 download)

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Book Synopsis Game Theory by : Aviad Heifetz

Download or read book Game Theory written by Aviad Heifetz and published by Cambridge University Press. This book was released on 2012-05-31 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the fundamentals of game theory for undergraduates and MBA students.

Strategy and Game Theory

Author : Felix Munoz-Garcia
Publisher : Springer
ISBN 13 : 3319329634
Total Pages : 362 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Strategy and Game Theory by : Felix Munoz-Garcia

Download or read book Strategy and Game Theory written by Felix Munoz-Garcia and published by Springer. This book was released on 2016-08-10 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Philip D. Straffin
Publisher : MAA
ISBN 13 : 9780883856376
Total Pages : 258 pages
Book Rating : 4.8/5 (563 download)

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Book Synopsis Game Theory and Strategy by : Philip D. Straffin

Download or read book Game Theory and Strategy written by Philip D. Straffin and published by MAA. This book was released on 1993 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with applications of game theory in a wide variety of disciplines.

Games of Strategy

Author : Dixit, Avinash K
Publisher : W. W. Norton & Company
ISBN 13 : 0393920755
Total Pages : 13 pages
Book Rating : 4.3/5 (939 download)

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Book Synopsis Games of Strategy by : Dixit, Avinash K

Download or read book Games of Strategy written by Dixit, Avinash K and published by W. W. Norton & Company. This book was released on 2015-01-05 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Applied Game Theory and Strategic Behavior

Author : Ilhan K. Geckil
Publisher : CRC Press
ISBN 13 : 158488844X
Total Pages : 222 pages
Book Rating : 4.5/5 (848 download)

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Book Synopsis Applied Game Theory and Strategic Behavior by : Ilhan K. Geckil

Download or read book Applied Game Theory and Strategic Behavior written by Ilhan K. Geckil and published by CRC Press. This book was released on 2016-04-19 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Useful Tools to Help Solve Decision Making ProblemsApplied 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

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

Author : Avinash K. Dixit
Publisher : W. W. Norton & Company
ISBN 13 : 9780393069952
Total Pages : 512 pages
Book Rating : 4.0/5 (699 download)

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Book Synopsis The Art of Strategy: A Game Theorist's Guide to Success in Business and Life by : Avinash K. Dixit

Download or read book The Art of Strategy: A Game Theorist's Guide to Success in Business and Life written by Avinash K. Dixit and published by W. W. Norton & Company. This book was released on 2010-01-04 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: “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.

Gladiators, Pirates and Games of Trust

Author : Haim Shapira
Publisher : Watkins Media Limited
ISBN 13 : 178678064X
Total Pages : 180 pages
Book Rating : 4.7/5 (867 download)

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Book Synopsis Gladiators, Pirates and Games of Trust by : Haim Shapira

Download or read book Gladiators, Pirates and Games of Trust written by Haim Shapira and published by Watkins Media Limited. This book was released on 2017-02-14 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: "One of the best Decision Making and Game Theory books of all time." —Reid Hoffman (LinkedIn founder) and Nassim Nicholas Taleb (author of Black Swan), BookAuthority An accessible, light-hearted exploration of Game Theory—what it is, why it’s important, and how it can help us in our daily lives Game Theory is the mathematical formalization of interactive decision-making—it assumes that each player's goal is to maximize his/her benefit, whatever it may be. Players may be friends, foes, political parties, states, or any entity that behaves interactively, whether collectively or individually. One of the problems with game analysis is the fact that, as a player, it’s very hard to know what would benefit each of the other players. Some of us are not even clear about our own goals or what might actually benefit us. In Gladiators, Pirates, and Games of Trust, Haim Shapira shares humorous anecdotes and insightful examples to explain Game Theory, how it affects our daily lives, and how the different interactions between decision-makers can play out. In this book, you will: • Meet Nobel Laureate John F. Nash and familiarize yourself with Nash equilibrium • Learn the basic ideas of the art of negotiation • Visit the gladiators’ ring and apply for a coaching position • Build an airport and divide inheritance • Issue ultimatums and learn to trust • Review every aspect of the prisoner’s dilemma and learn about the importance of cooperation • Learn how statistics bolster lies • And much more

Gaming the Market

Author : Ronald B. Shelton
Publisher : John Wiley & Sons
ISBN 13 : 9780471168133
Total Pages : 234 pages
Book Rating : 4.1/5 (681 download)

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Book Synopsis Gaming the Market by : Ronald B. Shelton

Download or read book Gaming the Market written by Ronald B. Shelton and published by John Wiley & Sons. This book was released on 1997-04-25 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Spieltheorie betrachtet Entscheidungen als "Schachzüge" in einem Spiel, dessen Ausgang von den Entscheidungen aller Spieler bestimmt wird. Diese Theorie wird hier erstmals auf Investmentgeschäfte am Finanzmarkt angewendet. Nach der Definition der "Spielregeln" und der "Spieler" wird, basierend auf Formeln der Wahrscheinlichkeitsrechnung, ein Spielmodell entwickelt, das die Rentabilität von beliebigen Finanzaktionen wie Aktienkauf und -verkauf vorhersagt.

Right Game

Author : Adam Brandenburger
Publisher : Harvard Business Review Press
ISBN 13 : 1633691292
Total Pages : 99 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Right Game by : Adam Brandenburger

Download or read book Right Game written by Adam Brandenburger and published by Harvard Business Review Press. This book was released on 2009-10-01 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business is like war: The best combatant wins while the worst loses, right? Not necessarily. Companies can succeed spectacularly without destroying others. And they can lose miserably after competing well. Exceptional businesses win by actively shaping the game they're playing, not playing the game they find. The Right Game shows you how to do this—by altering who's competing, what value each player brings to the table, and which rules and tactics players use. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world.

Game Theory for Business

Author : Paul A. Papayoanou
Publisher : Probabilistic Publishing
ISBN 13 : 9780964793873
Total Pages : 173 pages
Book Rating : 4.7/5 (938 download)

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Book Synopsis Game Theory for Business by : Paul A. Papayoanou

Download or read book Game Theory for Business written by Paul A. Papayoanou and published by Probabilistic Publishing. This book was released on 2010 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Strategy and Politics

Author : Emerson Niou
Publisher : Routledge
ISBN 13 : 1317563115
Total Pages : 436 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Strategy and Politics by : Emerson Niou

Download or read book Strategy and Politics written by Emerson Niou and published by Routledge. This book was released on 2015-05-15 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Behavioral Game Theory

Author : Colin F. Camerer
Publisher : Princeton University Press
ISBN 13 : 1400840880
Total Pages : 569 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Behavioral Game Theory by : Colin F. Camerer

Download or read book Behavioral Game Theory written by Colin F. Camerer and published by Princeton University Press. This book was released on 2011-09-05 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Mathematics of Games of Strategy

Author : Melvin Dresher
Publisher : Courier Corporation
ISBN 13 : 0486150062
Total Pages : 212 pages
Book Rating : 4.4/5 (861 download)

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Book Synopsis The Mathematics of Games of Strategy by : Melvin Dresher

Download or read book The Mathematics of Games of Strategy written by Melvin Dresher and published by Courier Corporation. This book was released on 2012-11-14 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text offers an exceptionally clear presentation of the mathematical theory of games of strategy and its applications to many fields including economics, military, business, and operations research.

Games, Strategies, and Managers

Author : John McMillan
Publisher : Oxford University Press
ISBN 13 : 9780195108033
Total Pages : 268 pages
Book Rating : 4.1/5 (8 download)

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Book Synopsis Games, Strategies, and Managers by : John McMillan

Download or read book Games, Strategies, and Managers written by John McMillan and published by Oxford University Press. This book was released on 1992 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managers are continually called on to make strategic decisions based on how someone else will act, and react, and this is exactly what game theory was invented to analyze. With the publication of John McMillan's 'Games, Strategies, and Managers, ' managers can now unlock the power of this bold way of thinking. The book strips away distracting details and provides insights into what is really going on in every negotiation and strategic decision.