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Game Theory - Interactive Strategies in Economics and Management (Paperback, New)
Loot Price: R1,237
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Game Theory - Interactive Strategies in Economics and Management (Paperback, New)
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Game theory is concerned with strategic interaction among several
decision-makers. In such strategic encounters, all players are
aware of the fact that their actions affect the other players. Game
theory analyzes how these strategic, interactive considerations may
affect the players' decisions and influence the final outcome. This
textbook focuses on applications of complete-information games in
economics and management, as well as in other fields such as
political science, law and biology. It guides students through the
fundamentals of game theory by letting examples lead the way to the
concepts needed to solve them. It provides opportunities for
self-study and self-testing through an extensive pedagogical
apparatus of examples, questions and answers. The book also
includes more advanced material suitable as a basis for seminar
papers or elective topics, including rationalizability, stability
of equilibria (with discrete-time dynamics), games and evolution,
equilibrium selection and global games.
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