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About this product
Product Identifiers
PublisherTaylor & Francis Group
ISBN-100415604222
ISBN-139780415604222
eBay Product ID (ePID)125371426
Product Key Features
Number of Pages442 Pages
Publication NameGame Theory and Exercises
LanguageEnglish
SubjectDecision-Making & Problem Solving, Economics / Microeconomics, General, Econometrics, Business Mathematics
Publication Year2016
TypeTextbook
Subject AreaBusiness & Economics
AuthorGisèle Umbhauer
SeriesRoutledge Advanced Texts in Economics and Finance Ser.
FormatTrade Paperback
Dimensions
Item Height1 in
Item Weight26.6 Oz
Item Length9.7 in
Item Width6.9 in
Additional Product Features
Intended AudienceCollege Audience
LCCN2015-020124
Dewey Edition23
IllustratedYes
Dewey Decimal330.015193
Table Of Content1. How to build a game 2. Dominance 3. Nash equilibrium 4. Backward induction and repeated games 5. Trembles in a game 6. Solving a game differently Answers
SynopsisGame Theory and Exercises introduces the main concepts of game theory, along with interactive exercises to aid readers' learning and understanding. Game theory is used to help players understand decision-making, risk-taking and strategy and the impact that the choices they make have on other players; and how the choices of those players, in turn, influence their own behaviour. So, it is not surprising that game theory is used in politics, economics, law and management. This book covers classic topics of game theory including dominance, Nash equilibrium, backward induction, repeated games, perturbed strategie s, beliefs, perfect equilibrium, Perfect Bayesian equilibrium and replicator dynamics. It also covers recent topics in game theory such as level-k reasoning, best reply matching, regret minimization and quantal responses. This textbook provides many economic applications, namely on auctions and negotiations. It studies original games that are not usually found in other textbooks, including Nim games and traveller's dilemma. The many exercises and the inserts for students throughout the chapters aid the reader's understanding of the concepts. With more than 20 years' teaching experience, Umbhauer's expertise and classroom experience helps students understand what game theory is and how it can be applied to real life examples. This textbook is suitable for both undergraduate and postgraduate students who study game theory, behavioural economics and microeconomics., Experimental Game Theory is the first textbook to introduce the main concepts of game theory and to confront them with experimental evidence. This applied, real world approach will help students understand how game theory is and can be brought to bear on real world decision making.
LC Classification NumberHB144.U43 2015
