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Game Theory and Exercises by Gisele Umbhauer (Paperback, 2016)

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About this product

Product Information

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.

Product Identifiers

Publisher
Taylor & Francis LTD
ISBN-13
9780415604222
eBay Product ID (ePID)
200980251

Product Key Features

Author
Gisele Umbhauer
Publication Name
Game Theory and Exercises
Format
Paperback
Language
English
Subject
Government, Finance, Mathematics
Publication Year
2016
Type
Textbook
Number of Pages
442 Pages

Dimensions

Item Height
246mm
Item Width
174mm
Item Weight
748g

Additional Product Features

Title_Author
Gisele Umbhauer
Series Title
Routledge Advanced Texts in Economics and Finance
Country/Region of Manufacture
United Kingdom

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