Game theory is the study of strategic behavior in situations in
which the decision makers are aware of the interdependence of their
actions. This innovative textbook introduces students to the most
basic principles of game theory - move and countermove - with an
emphasis on real-world business and economic applications. Students
with a background in principles of economics and business
mathematics can readily understand most of the
material.Demonstration problems in each chapter are designed to
enhance the student's understanding of the concepts presented in
the text. Many chapters include non-technical applications designed
to further the student's intuitive understanding of strategic
behavior. Case studies help underscore the usefulness of game
theory for analyzing real-world situations. Each chapter concludes
with a review and questions and exercises. An online Instructor's
Manual with test bank is available to professors who adopt the
text.
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