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Author: Lexa N. Palmer Publisher: Book Lovers HQ ISBN: Category : Mathematics Languages : en Pages : 195
Book Description
Embark on a journey to unlock the secrets behind successful decision-making with "Strategic Decisions: The Mathematics of Game Theory." This comprehensive exploration leaves no stone unturned in the intricate world of game theory, offering insights into how individuals, businesses, and nations make strategic choices in various contexts. Whether you're navigating the complexities of competitive markets, political landscapes, or everyday interactions, this book equips you with the tools to understand and influence outcomes, ensuring a confident and reassured learning journey. In "Strategic Decisions," you'll not only grasp the foundational game theory concepts, including Nash equilibrium, dominant strategies, and mixed strategies, but also witness their real-world applications. The book transcends theory to explore practical applications in economics, politics, business, and beyond, empowering you with the knowledge of how game theory can be applied to real-world situations. From optimizing market strategies to understanding the dynamics of international relations, this book provides a rich understanding of the strategic behavior that shapes our world. What You Will Find in This Book: The history and evolution of game theory Key concepts like Nash equilibrium and dominant strategies Applications of game theory in economics and market strategies Insights into political strategy and international relations The role of information and signaling in decision-making Behavioral game theory and human psychology Ethical and philosophical considerations in strategic choices Case studies and practical applications across various fields Whether you're a student, professional, or curious reader, "Strategic Decisions: The Mathematics of Game Theory" offers not just insights, but a potential transformation in your approach to decision-making. Dive into the world of game theory and let it inspire and motivate you to make strategic choices that can shape your future.
Author: Lexa N. Palmer Publisher: Book Lovers HQ ISBN: Category : Mathematics Languages : en Pages : 195
Book Description
Embark on a journey to unlock the secrets behind successful decision-making with "Strategic Decisions: The Mathematics of Game Theory." This comprehensive exploration leaves no stone unturned in the intricate world of game theory, offering insights into how individuals, businesses, and nations make strategic choices in various contexts. Whether you're navigating the complexities of competitive markets, political landscapes, or everyday interactions, this book equips you with the tools to understand and influence outcomes, ensuring a confident and reassured learning journey. In "Strategic Decisions," you'll not only grasp the foundational game theory concepts, including Nash equilibrium, dominant strategies, and mixed strategies, but also witness their real-world applications. The book transcends theory to explore practical applications in economics, politics, business, and beyond, empowering you with the knowledge of how game theory can be applied to real-world situations. From optimizing market strategies to understanding the dynamics of international relations, this book provides a rich understanding of the strategic behavior that shapes our world. What You Will Find in This Book: The history and evolution of game theory Key concepts like Nash equilibrium and dominant strategies Applications of game theory in economics and market strategies Insights into political strategy and international relations The role of information and signaling in decision-making Behavioral game theory and human psychology Ethical and philosophical considerations in strategic choices Case studies and practical applications across various fields Whether you're a student, professional, or curious reader, "Strategic Decisions: The Mathematics of Game Theory" offers not just insights, but a potential transformation in your approach to decision-making. Dive into the world of game theory and let it inspire and motivate you to make strategic choices that can shape your future.
Author: Frank Hahn Publisher: Oxford University Press, USA ISBN: Category : Business & Economics Languages : en Pages : 528
Book Description
This collection of papers is the result of a Cambridge University study of the consequences of missing markets, asymmetric information, market-dependent information, strategic market situations, and the role of quantity signals. The contributors also consider the behavior of overlapping generation models and their macroeconomic implications, providing a useful reference text on most of the main issues of current interest to economic theorists.
Author: Prajit K. Dutta Publisher: MIT Press ISBN: 0262368501 Category : Business & Economics Languages : en Pages : 713
Book Description
The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.
Author: M. Nermuth Publisher: Springer Science & Business Media ISBN: 3642464475 Category : Business & Economics Languages : en Pages : 246
Book Description
This book is intended as a contribution to the theory of markets with imperfect information. The subject being nearly limitless, only certain selected topics are discussed. These are outlined in the Introduction (Ch. 0). The remainder of the book is divided into three parts. All results of economic significance are contained in Parts II & III. Part I introduces the main tools for the analysis, in particular the concept of an information structure. Although most of the material presented in Part I is not original, it is hoped that the detailed and self-contained exposition will help the reader to understand not only the following pages, but also the existing technical and variegated literature on markets with imperfect information. The mathematical prerequisites needed, but not explained in the text rarely go beyond elementary calculus and probability theory. Whenever more advanced concepts are used, I have made an effort to give an intuitive explanation as well, so that the argument can also be followed on a non-technical level (cf. e.g. the treatment of the "generic" viewpoint in Ch. 9). In the same spirit, discussion of mathematical assumptions is limited to those which have economic sig- ficance, whereas purely "technical" assumptions (like differentiability or integrability of certain functions) are usually made without comment whenever convenient. The logical interdependence of chapters is as follows: Ch. 3 . Ch. 1 /~I--=---- Ch. 4 Ch. 2 Ch. 8 ~I -=--- /"'-.... Ch.
Author: Roy Gardner Publisher: ISBN: Category : Business & Economics Languages : en Pages : 500
Book Description
Designed for the serious reader, this book teaches strategy through the use of game theory. The focus is on setting up and solving games, especially those that arise in economics and business. Develops modeling skills as well as the ability to implement a certain format, the form of the game, by using proven applications and examples of setups. Contains an analogous framework of necessary condition (equilibrium) and sufficient conditions such as undominated strategies, symmetry and subgame perfection to motivate solutions. Features a variety of examples ranging from the Bible to Wall Street.
Author: Pierpaolo Battigalli Publisher: Springer Science & Business Media ISBN: 1461563372 Category : Business & Economics Languages : en Pages : 373
Book Description
Decisions, Games and Markets is designed to stimulate new developments in decision theory, game theory and general equilibrium theory, as well as in their applications to economics. The book is divided into three parts - Decision Theory, Game Theory, and the Theory of Markets. Though its orientation is primarily methodological, some articles are more applied. The consistent use of formal analysis and methodological individualism constitutes the unifying theme of the book. Decisions, Games and Markets will be of considerable interest to both students and teachers of microeconomics and game and decision theory.
Author: Avinash K. Dixit Publisher: W. W. Norton & Company ISBN: 9780393069952 Category : Business & Economics Languages : en Pages : 512
Book Description
“I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment.”—Steven Levitt Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.
Author: Dixit, Avinash K Publisher: W. W. Norton & Company ISBN: 0393920755 Category : Business & Economics Languages : en Pages : 13
Book Description
A clear, comprehensive introduction to the study of game theory. In the fourth edition, new real-world examples and compelling end-of-chapter exercises engage students with game theory.
Author: Ilhan K. Geckil Publisher: CRC Press ISBN: 158488844X Category : Business & Economics Languages : en Pages : 222
Book Description
Useful Tools to Help Solve Decision Making ProblemsApplied Game Theory and Strategic Behavior demonstrates the use of various game theory techniques to address practical business, economic, legal, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of
Author: Lexa N. Palmer
Author: Lexa N. Palmer
Author: Frank Hahn
Author: Prajit K. Dutta
Author: Charles A. Holt
Author: M. Nermuth
Author: Roy Gardner
Author: Pierpaolo Battigalli
Author: Avinash K. Dixit
Author: Dixit, Avinash K
Author: Ilhan K. Geckil