Game Theory

BY TLLBOOK 2015-09-30

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Game Theory: A Very Short Introduction

Ken Binmore 2007

E-Book: 201 English pages

Publisher: Oxford University Press

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Games are everywhere: Drivers maneuvering in heavy traffic are playing a driving game. Bargain hunters bidding on eBay are playing an auctioning game. The supermarket’s price for corn flakes is decided by playing an economic game. This Very Short Introduction offers a succinct tour of the fascinating world of game theory, a ground-breaking field that analyzes how to play games in a rational way. Ken Binmore, a renowned game theorist, explains the theory in a way that is both entertaining and non-mathematical yet also deeply insightful, revealing how game theory can shed light on everything from social gatherings, to ethical decision-making, to successful card-playing strategies, to calculating the seex ratio among bees. With mini-biographies of many fascinating, and occasionally eccentric, founders of the subject–including John Nash, subject of the movie A Beautiful Mind–this book offers a concise overview of a cutting-edge field that has seen spectacular successes in evolutionary biology and economics, and is beginning to revolutionize other disciplines from psychology to political science.

About the Author

Ken Binmore is Emeritus Professor of Economics at University College, London. He has held Chairs in Economics at the London School of Economics and the University of Michigan.

 

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