Game Theory and Exercises

Business & Finance, Economics, Microeconomics, Management & Leadership, Decision Making & Problem Solving
Cover of the book Game Theory and Exercises by Gisèle Umbhauer, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Gisèle Umbhauer ISBN: 9781317362982
Publisher: Taylor and Francis Publication: January 8, 2016
Imprint: Routledge Language: English
Author: Gisèle Umbhauer
ISBN: 9781317362982
Publisher: Taylor and Francis
Publication: January 8, 2016
Imprint: Routledge
Language: English

Game 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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Game 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.

More books from Taylor and Francis

Cover of the book Britain's Economic Growth 1920-1966 by Gisèle Umbhauer
Cover of the book British Sport - a Bibliography to 2000 by Gisèle Umbhauer
Cover of the book Infant Research and Adult Treatment by Gisèle Umbhauer
Cover of the book The EcoEdge by Gisèle Umbhauer
Cover of the book Teaching Photography by Gisèle Umbhauer
Cover of the book Disability Research and Policy by Gisèle Umbhauer
Cover of the book Speedlights & Speedlites by Gisèle Umbhauer
Cover of the book Encounters with American Culture by Gisèle Umbhauer
Cover of the book Nursing and Women's Labour in the Nineteenth Century by Gisèle Umbhauer
Cover of the book Working on Innovation by Gisèle Umbhauer
Cover of the book Revival: An Introduction to Yoga (1933) by Gisèle Umbhauer
Cover of the book Preventing Stress, Improving Productivity by Gisèle Umbhauer
Cover of the book The Natural Wealth of Nations by Gisèle Umbhauer
Cover of the book The Other in Contemporary Migrant Cinema by Gisèle Umbhauer
Cover of the book Developing Understanding In Primary Mathematics by Gisèle Umbhauer
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy