Game Theory: A Very Short Introduction
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- Synopsis
- Games are everywhere: Drivers maneuvering in heavy traffic are playing a driving game. Bargain hunters bidding on eBay are playing an auctioning game. A firm negotiating next year's wage is playing a bargaining game. When opposing candidates in an election are playing a political game. The supermarket's price for corn flakes is decided by playing an economic game. Game theory is about how to play such games in a rational way. Even when the players have not thought everything out in advance, game theory often works for the same reason that mindless animals sometimes end up behaving very cleverly: evolutionary forces eliminate irrational play because it is unfit. Game theory has seen spectacular successes in evolutionary biology and economics, and is beginning to revolutionize other disciplines from psychology to political science. This Very Short Introduction introduces the fascinating world of game theory, showing how it can be understood without mathematical equations, and revealing that everything from how to play poker optimally to the sex ratio among bees can be understood by anyone willing to think seriously about the problem.
- Copyright:
- 2007
Book Details
- Book Quality:
- Excellent
- Book Size:
- 186 Pages
- ISBN-13:
- 9780199218462
- Publisher:
- Oxford University Press, Incorporated
- Date of Addition:
- 06/22/09
- Copyrighted By:
- Ken Binmore
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Science, Mathematics and Statistics
- Submitted By:
- Digital Divide Data
- Proofread By:
- Digital Divide Data
- Usage Restrictions:
- This is a copyrighted book.