Game theory and exercises
"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…
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- Full title :Game theory and exercises / Gisèle Umbhauer.
Summary
"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"--Page 4 de la couverture
Read More ↓Edition Statements
- Publication Date:2016.
Publication Statements
- Publisher(s):Routledge Taylor & Francis Group
- Place of Publication:London
- Language:eng
- Publication Date:2016.
The Physical Object
- Description:1 ressource en ligne (xix, 442 pages)
Edition Identifiers
- ISBN:9780415604222, 0415604222, 9780415604215, 0415604214
- oclc:on1105196603
- LC Classification:HB144 U48g 2016
Table of Contents
How to build a game -- Dominance -- Nash equilibrium -- Backward induction and repeated games -- Trembles in a game -- Solving a game differently -- Answers to exercises.
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