Game Theory And Strategy

Author by : Philip D. Straffin, Jr
Languange : en
Publisher by : MAA
Format Available : PDF, ePub, Mobi
Total Read : 86
Total Download : 316
File Size : 54,9 Mb
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Description : This book pays careful attention to applications of game theory in a wide variety of disciplines. The applications are treated in considerable depth. The book assumes only high school algebra, yet gently builds to mathematical thinking of some sophistication. Game Theory and Strategy might serve as an introduction to both axiomatic mathematical thinking and the fundamental process of mathematical modelling. It gives insight into both the nature of pure mathematics, and the way in which mathematics can be applied to real problems.


Game Theory And Strategy Explained

Author by : Can Akdeniz
Languange : en
Publisher by : Can Akdeniz
Format Available : PDF, ePub, Mobi
Total Read : 14
Total Download : 849
File Size : 41,9 Mb
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Description : 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.


Strategy And Game Theory

Author by : Felix Munoz-Garcia
Languange : en
Publisher by : Springer
Format Available : PDF, ePub, Mobi
Total Read : 36
Total Download : 719
File Size : 54,6 Mb
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Description : 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

Author by : Aviad Heifetz
Languange : en
Publisher by : Cambridge University Press
Format Available : PDF, ePub, Mobi
Total Read : 61
Total Download : 756
File Size : 49,9 Mb
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Description : "Social interaction is essential to human life. How do people choose what to do when they encounter one another? And how do organizations, firms or countries interact? Game Theory is a modeling tool designed to represent and analyze such strategic interaction. The first part of this book is devoted to introducing the basic building blocks of game theory. The parties to the interaction are called players, the courses of actions available to them are their strategies, and the payoffs of each player from the various profiles of strategies (of all players) represent the way each player ranks the possible outcomes of the interaction from her own individual point of view"--


Game Theory

Author by : Roger A McCain
Languange : en
Publisher by : World Scientific Publishing Company
Format Available : PDF, ePub, Mobi
Total Read : 13
Total Download : 965
File Size : 44,8 Mb
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Description : 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]


Behavioral Game Theory

Author by : Colin F. Camerer
Languange : en
Publisher by : Princeton University Press
Format Available : PDF, ePub, Mobi
Total Read : 80
Total Download : 203
File Size : 49,9 Mb
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Description : 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.


Advances In Game Theory

Author by : Louis A. Auslander
Languange : en
Publisher by : Princeton University Press
Format Available : PDF, ePub, Mobi
Total Read : 71
Total Download : 504
File Size : 43,9 Mb
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Description : The description for this book, Advances in Game Theory. (AM-52), Volume 52, will be forthcoming.


Game Theory And Strategy

Author by : Philip D. Straffin, Jr
Languange : en
Publisher by : Mathematical Association of America
Format Available : PDF, ePub, Mobi
Total Read : 16
Total Download : 226
File Size : 48,8 Mb
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Description : This book pays careful attention to applications of game theory in a wide variety of disciplines. The applications are treated in considerable depth. The book assumes only high school algebra, yet gently builds to mathematical thinking of some sophistication. Game Theory and Strategy might serve as an introduction to both axiomatic mathematical thinking and the fundamental process of mathematical modelling. It gives insight into both the nature of pure mathematics, and the way in which mathematics can be applied to real problems.


A Gentle Introduction To Game Theory

Author by : Saul Stahl
Languange : en
Publisher by : American Mathematical Soc.
Format Available : PDF, ePub, Mobi
Total Read : 27
Total Download : 797
File Size : 44,7 Mb
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Description : The mathematical theory of games was first developed as a model for situations of conflict, whether actual or recreational. It gained widespread recognition when it was applied to the theoretical study of economics by von Neumann and Morgenstern in Theory of Games and Economic Behavior in the 1940s. The later bestowal in 1994 of the Nobel Prize in economics on Nash underscores the important role this theory has played in the intellectual life of the twentieth century. This volume is based on courses given by the author at the University of Kansas. The exposition is ``gentle'' because it requires only some knowledge of coordinate geometry; linear programming is not used. It is ``mathematical'' because it is more concerned with the mathematical solution of games than with their applications. Existing textbooks on the topic tend to focus either on the applications or on the mathematics at a level that makes the works inaccessible to most non-mathematicians. This book nicely fits in between these two alternatives. It discusses examples and completely solves them with tools that require no more than high school algebra. In this text, proofs are provided for both von Neumann's Minimax Theorem and the existence of the Nash Equilibrium in the $2 \times 2$ case. Readers will gain both a sense of the range of applications and a better understanding of the theoretical framework of these two deep mathematical concepts.


Two Person Game Theory

Author by : Anatol Rapoport
Languange : en
Publisher by : Courier Corporation
Format Available : PDF, ePub, Mobi
Total Read : 46
Total Download : 441
File Size : 48,6 Mb
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Description : Clear, accessible treatment of mathematical models for resolving conflicts in politics, economics, war, business, and social relationships. Topics include strategy, game tree and game matrix, and much more. Minimal math background required. 1970 edition.