Strategies and Games: Theory and Practice

by Prajit K. Dutta

Game theory has become increasingly popular among undergraduate aswell as business school students. This text is the first to provideboth a complete theoretical treatment of the subject and a variety ofreal-world applications, primarily in economics, but also in business,political science, and the law. Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science, and the law. Strategies and Games grew out of Prajit Dutta's experience teaching a course in game theory over the last six years at Columbia University.The book is divided into three Strategic Form Games and Their Applications, Extensive Form Games and Their Applications, and Asymmetric Information Games and Their Applications. The theoretical topics include dominance solutions, Nash equilibrium, backward induction, subgame perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling. An appendix presents a thorough discussion of single-agent decision theory, as well as the optimization and probability theory required for the course.Every chapter that introduces a new theoretical concept opens with examples and ends with a case study. Case studies include Global Warming and the Internet, Poison Pills, Treasury Bill Auctions, and Final Jeopardy. Each part of the book also contains several chapter-length applications including Bankruptcy Law, the NASDAQ market, OPEC, and the Commons problem. This is also the first text to provide a detailed analysis of dynamic strategic interaction.

Genres: Economics, Games, Business, Nonfiction, Mathematics

476 pages, Hardcover

First published February 26, 1999

Reviews

[Hesham Khaled · Rating 4 out of 5]

هناك مساق مترجم على موقع شمسنا العربية في الاقتصاد ونظرية الألعاب وهذا الكتاب هو أحد الكتب الرئيسية في المساق

رابط الكتاب:

https://www.homeworkmarket.com/sites/...

[May Ling · Rating 4 out of 5]

This book is the perfect mix of slow enough for beginners and math-enough for those that are more advanced. The examples used are clear and easy to follow. There are problems worked out in each chapter and plenty of additional exercises, so that a person can check their understanding.

Also, as the book continues, it gets complicated enough that those with a more advanced understanding can still find it challenging. Still, even with the more difficult math, there isn't a massive increase in jargon usage.

The examples are actually something that most people can relate to. I really think, with the most basic of math and statistics, a person could conceptually - and in practice - get something from this piece. Definitely a great text if you have a mixed class of students.

[Leroy James]

This is one of the best books regarding the probabilities in decision-making. Its concepts have a high level of celerity in the contemporary society, where decision making are increasingly becoming complex. It is one of the most effective Academic resources for learners and executives.

[Alex Nuter · Rating 5 out of 5]

One thing that stood out about these games https://playapkgame.com/ was the variety of genres available. Whether I wanted a fast-paced shooter, a relaxing simulation, or a challenging puzzler, I was always able to find a game that suited my tastes. Even on an older device, most of the games ran without any lag, which was a huge plus.

[Roggers Aranda]

This book is very good helped me solve game theory unit. Its simple and precise, it helped me solve assignments like this. I scored well in the class