Game theory: interactive strategies in economics and management

By:

Heifetz, Aviad

Material type: Text

TextPublication details: Cambridge University Press Cambridge 2012Description: 448 pISBN:

9780521176040

Subject(s):

Game Theory

DDC classification:

519.9 HEI

Summary: Game theory is concerned with strategic interaction among several decision-makers. In such strategic encounters, all players are aware of the fact that their actions affect the other players. Game theory analyzes how these strategic, interactive considerations may affect the players' decisions and influence the final outcome. This textbook focuses on applications of complete-information games in economics and management, as well as in other fields such as political science, law and biology. It guides students through the fundamentals of game theory by letting examples lead the way to the concepts needed to solve them. It provides opportunities for self-study and self-testing through an extensive pedagogical apparatus of examples, questions and answers. The book also includes more advanced material suitable as a basis for seminar papers or elective topics, including rationalizability, stability of equilibria (with discrete-time dynamics), games and evolution, equilibrium selection and global games. Guides students through the fundamentals of game theory by letting examples lead the way to the concepts needed to solve them Contains applications that have been simplified to make them accessible and attractive for undergraduate students and MBA students taking a one semester course Provides opportunities for self-study and self-testing through an extensive pedagogical apparatus of examples, questions and answers

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Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	519.9 HEI (Browse shelf(Opens below))	1	Available		005522

Table of Contents
Part I. Strategic Interactions as Games:
1. Strategic form games
2. Representing strategic interactions with games
Part II. Basic Solution Concepts for Strategic-Form Games:
3. Dominant strategies
4. Strongly dominated strategies
5. Weakly dominated strategies
6. Nash equilibrium
Part III. Prominent Classes of Strategic-Form Games:
7. Cooperation and conflict, strategic complements and substitutes
8. Concentrated markets
9. Coordination games and strategic uncertainty
Part IV. Uncertainty and Mixed Strategies:
10. Choice under uncertainty and risk dominance
11. Mixed strategies
12. Security strategies, strictly competitive games and the minimax theorem
13. Mixed strategies in general games
Part V. Advanced Topics in Strategic Form Games:
14. Rationalizable strategies
15. Stability of equilibria
16. Games and evolution
17. Global games
Part VI. Dynamic Games:
18. Extensive form games
19. Non-credible threats, subgame perfect equilibrium and backward induction
20. Commitment
21. Backward induction: limitations and difficulties
22. Moves of nature
Part VII. Repeated Games:
23. The repeated prisoner's dilemma
24. Games with unbounded horizon: additional models and results.

Game theory is concerned with strategic interaction among several decision-makers. In such strategic encounters, all players are aware of the fact that their actions affect the other players. Game theory analyzes how these strategic, interactive considerations may affect the players' decisions and influence the final outcome. This textbook focuses on applications of complete-information games in economics and management, as well as in other fields such as political science, law and biology. It guides students through the fundamentals of game theory by letting examples lead the way to the concepts needed to solve them. It provides opportunities for self-study and self-testing through an extensive pedagogical apparatus of examples, questions and answers. The book also includes more advanced material suitable as a basis for seminar papers or elective topics, including rationalizability, stability of equilibria (with discrete-time dynamics), games and evolution, equilibrium selection and global games.

Guides students through the fundamentals of game theory by letting examples lead the way to the concepts needed to solve them
Contains applications that have been simplified to make them accessible and attractive for undergraduate students and MBA students taking a one semester course
Provides opportunities for self-study and self-testing through an extensive pedagogical apparatus of examples, questions and answers

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