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Game Theory in Action

An Introduction to Classical and Evolutionary Models

Stephen Schecter, Herbert Gintis

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Princeton University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft

Beschreibung

The essential textbook for learning game theory strategies

Game Theory in Action is a textbook about using game theory across a range of real-life scenarios. From traffic accidents to the sex lives of lizards, Stephen Schecter and Herbert Gintis show students how game theory can be applied in diverse areas including animal behavior, political science, and economics.

The book's examples and problems look at such fascinating topics as crime-control strategies, climate-change negotiations, and the power of the Oracle at Delphi. The text includes a substantial treatment of evolutionary game theory, where strategies are not chosen through rational analysis, but emerge by virtue of being successful. This is the side of game theory that is most relevant to biology; it also helps to explain how human societies evolve.

Aimed at students who have studied basic calculus and some differential equations, Game Theory in Action is the perfect way to learn the concepts and practical tools of game theory.

  • Aimed at students who have studied calculus and some differential equations
  • Examples are drawn from diverse scenarios, ranging from traffic accidents to the sex lives of lizards
  • A substantial treatment of evolutionary game theory
  • Useful problem sets at the end of each chapter

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Schlagwörter

Alternatives, Estimation, Witness protection, Permutation, Folk theorem (game theory), Utility, Abuse of notation, Salary, With high probability, Defection, Quadratic formula, Strategy, Auction, Consideration, Continuous game, Evolutionary game theory, Nash equilibrium, Simplex algorithm, Tax, Probability, Trigger strategy, Linear programming, Ultimatum game, Market price, Stag hunt, Supply (economics), Phase line (mathematics), Rotten kid theorem, Phase space, Linear equation, Optimization problem, Free rider problem, Troubled Asset Relief Program, Expected value, Backward induction, Subgame perfect equilibrium, Constitutional crisis, Dr. Strangelove, Theorem, Price war, Zero-Sum Game, Lyapunov function, Drawback, Severity (video game), Subpoena, Customer, Bidding, Calculation, Fundamental theorem, Almost surely, Each Way, System of polynomial equations, Traveler's dilemma, Linearization, Moral hazard, Rubinstein bargaining model, Extensive-form game, Strategy (game theory), Insurance, Replicator equation, Evolutionary dynamics, Prediction, Centipede game, Braess' paradox, National security, Social dilemma, Suggestion, Prisoner's dilemma, Outcome (game theory), Permutation (policy debate)