Game Theory
An Introduction with Step-by-Step Examples
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Beschreibung
An introduction to game theory, complete with step-by-step tools and detailed examples.
This book offers condensed breakdowns of game-theory concepts. Specifically, this textbook provides “tools” or “recipes” to solve different classes of games. Game Theory does not require readers to have a strong mathematical background, as the book presents the information as plainly as possible.
Every chapter begins with the main definitions and concepts before diving into the applications to different settings across economics, business, and other social sciences. Chapters walk readers through algebraic steps and simplifications. This makes the text accessible for undergraduate and Masters-level students in economics and finance. Paired with the exercises published on the accompanying website, students will improve both their theoretical and practical understandings of game theory.
Readers will walk away from this book understanding complete and incomplete information models as well as signaling games.
Ana Espinola-Arredondo is Associate Director and Professor in the School of Economic Sciences at Washington State University, USA. Espinola-Arredondo has published numerous articles and she and Felix Muñoz-Garcia have co-authored three other books together: Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information (2021), Intermediate Economic Theory: Tools and Step-by-Step Examples (2020), and Practice Exercises for Intermediate Economic Theory (2020, also with Eric Dunaway and John C. Strandholm).
Felix Muñoz-Garcia is Professor in the School of Economic Sciences at Washington State University, USA. Muñoz-Garcia has published many journal articles and he and Espinola-Arredondo have co-authored three other books, along with other textbooks such as Advanced Microeconomic Theory: An Intuitive Approach with Examples (2017), and Industrial Organization: Practice Exercises with Answer Keys (2021, with Pak-Sing Choi and Eric Dunaway).
An introduction to game theory, complete with step-by-step tools and detailed examples.
This book offers condensed breakdowns of game-theory concepts. Specifically, this textbook provides “tools” or “recipes” to solve different classes of games.
Game Theory presents the information as plainly and clearly as possible. Every chapter begins with the main definitions and concepts before diving into the applications to different settings across economics, business, and other social sciences. Chapters walk readers through algebraic steps and simplifications. This makes the text accessible for undergraduate and Masters-level students in economics and finance. Paired with the exercises published on the accompanying website, students will improve both their theoretical and practical understandings of game theory.
Readers will walk away from this book understanding complete and incomplete information modelsas well as signaling games.
Provides step-by-step "tools" or "recipes" to help readers solve different classes of games Focuses on the application of solution concepts to different settings in economics, business, and more Supplemented by an accompanying website, providing detailed answer keys to end-of-chapter exercises Request lecturer material: sn.pub/lecturer-material
Autor*in
Ana Espinola-Arredondo
Themen in »Game Theory«
Game theory Sequential-move games of incomplete information Signaling games with discrete actions Signaling games with continuous actions Equilibrium refinements Cheap-talk games
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“The book is most suitable for undergraduate students planning to apply game theory in a rigorous way in their economics or business courses, but it would also be appropriate for an ambitious reader with general curiosity about the uses of game theoretic analysis. The advanced, rigorous material on repeated games and incomplete information make the book useful for masters-level courses as well.” (Thomas Wiseman, zbMATH 1569.91002, 2026)
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