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Books > Business & Economics > Economics > Economic theory & philosophy
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Games and Decision Making (Hardcover, 2nd Revised edition)
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Games and Decision Making (Hardcover, 2nd Revised edition)
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Games and Decision Making, Second Edition, is a unique blend of
decision theory and game theory. From classical optimization to
modern game theory, authors Charalambos D. Aliprantis and Subir K.
Chakrabarti show the importance of mathematical knowledge in
understanding and analyzing issues in decision making. Through an
imaginative selection of topics, Aliprantis and Chakrabarti treat
decision and game theory as part of one body of knowledge. They
move from problems involving the individual decision-maker to
progressively more complex problems such as sequential rationality,
auctions, and bargaining. By building each chapter on material
presented earlier, the authors offer a self-contained and
comprehensive treatment of these topics. Successfully class-tested
in an advanced undergraduate course at the Krannert School of
Management and in a graduate course in economics at Indiana
University, Games and Decision Making, Second Edition, is an
essential text for advanced undergraduates and graduate students of
decision theory and game theory. The book is accessible to students
who have a good basic understanding of elementary calculus and
probability theory. New to this Edition * Chapter 2 includes new
sections on two-person games, best-response strategies, mixed
strategies, and incomplete information * Chapter 4 has been
expanded to provide new material on behavior strategies and
applications * The chapter on auctions (5) includes a new section
on revenue equivalence * Offers two new chapters, on repeated games
(7) and existence results (9) * New applications have been added to
all the chapters
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