Game theory is the mathematical study of interaction among independent, self-interested agents. The audience for game theory has grown dramatically in recent years, and now spans disciplines as diverse as political science, biology, psychology, economics, linguistics, sociology, and computer science, among others. What has been missing is a relatively short introduction to the field covering the common basis that anyone with a professional interest in game theory is likely to require. Such a text would minimize notation, ruthlessly focus on essentials, and yet not sacrifice rigor. This Synthesis Lecture aims to fill this gap by providing a concise and accessible introduction to the field. It covers the main classes of games, their representations, and the main concepts used to analyze them. Table of Contents: Games in Normal Form / Analyzing Games: From Optimality to Equilibrium / Further Solution Concepts for Normal-Form Games / Games with Sequential Actions: The Perfect-information Extensive Form / Generalizing the Extensive Form: Imperfect-Information Games / Repeated and Stochastic Games / Uncertainty about Payoffs: Bayesian Games / Coalitional Game Theory / History and References / Index

This fascinating and provocative book presents the fundamentals of two-person game theory, a mathematical approach to understanding human behavior and decision-making.

Game theory is the mathematical study of interaction among independent, self-interested agents. The audience for game theory has grown dramatically in recent years, and now spans disciplines as diverse as political science, biology, psychology, economics, linguistics, sociology, and computer science, among others. What has been missing is a relatively short introduction to the field covering the common basis that anyone with a professional interest in game theory is likely to require. Such a text would minimize notation, ruthlessly focus on essentials, and yet not sacrifice rigor. This Synthesis Lecture aims to fill this gap by providing a concise and accessible introduction to the field. It covers the main classes of games, their representations, and the main concepts used to analyze them.

This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level. It is the second, revised version of the successful 2008 edition. The book covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise level. It includes chapters on repeated games, social choice theory, and selected topics such as bargaining theory, exchange economies, and matching. Part II goes deeper into noncooperative theory and treats the theory of zerosum games, refinements of Nash equilibrium in strategic as well as extensive form games, and evolutionary games. Part III covers basic concepts in the theory of transferable utility games, such as core and balancedness, Shapley value and variations, and nucleolus. Some mathematical tools on duality and convexity are collected in Part IV. Every chapter in the book contains a problem section. Hints, answers and solutions are included.

What Is Game Theory The study of mathematical models of strategic interactions among rational actors is what's known as "game theory." It also has applications in the sciences of logic, systems science, and computer science, in addition to the various areas of social science. The ideas contained within game theory find widespread application in the field of economics. The conventional approaches to game theory dealt with two-player games known as zero-sum games, in which the gains and losses of each participant are precisely balanced by those of the other players. The more advanced game theories can be applied to a greater variety of behavioral relations in the 21st century; the phrase "game theory" is now used as an umbrella word for the science of logical decision making in humans, animals, and computers. How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Game Theory Chapter 2: Strategy (Game Theory) Chapter 3: Nash Equilibrium Chapter 4: Evolutionarily Stable Strategy Chapter 5: Non-cooperative Game Theory Chapter 6: Backward Induction Chapter 7: Correlated Equilibrium Chapter 8: Subgame Perfect Equilibrium Chapter 9: Cooperative Bargaining Chapter 10: Mertens-stable Equilibrium (II) Answering the public top questions about game theory. (III) Real world examples for the usage of game theory in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technologies in each industry to have 360-degree full understanding of game theory' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of game theory.

A lively introduction to Game Theory, ideal for students in mathematics, computer science, or economics.