Game Theory (eBook)

An Introduction

Steven Tadelis (Autor)

eBook Download: EPUB

2024
416 Seiten
Princeton University Press (Verlag)
978-0-691-27065-4 (ISBN)

Infos

The definitive introduction to game theoryThis comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives.Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them.Introduces the core ideas and applications of game theoryCovers static and dynamic games, with complete and incomplete informationFeatures a variety of examples, applications, and exercisesTopics include repeated games, bargaining, auctions, signaling, reputation, and information transmissionIdeal for advanced undergraduate and beginning graduate studentsComplete solutions available to teachers and selected solutions available to students

Produkt-Details

• Erscheint lt. Verlag: 10.9.2024
• Zusatzinfo: 87 line illus. 1 table.
• Sprache: englisch
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: All-Pay Auction • Almost surely • Auction • Backward Induction • Bargaining Power • Bayesian • Bayesian game • Bayes' Rule • bidding • Bliss point (economics) • Calculation • Centipede Game • Coase Theorem • Common knowledge (logic) • Coordination game • Cournot Competition • Decision problem • Dynamic Programming • Economic Efficiency • Economic equilibrium • envelope theorem • Expected utility hypothesis • Extensive-form game • Externality • Fair coin • First-price sealed-bid auction • Folk theorem (game theory) • Gold in the mine • Grim trigger • Hierarchy of beliefs • Incentive Compatibility • Information asymmetry • John Harsanyi • Long run and short run • Marginal cost • Matching Pennies • median voter theorem • Mutual exclusivity • Nash Equilibrium • Outcome (game theory) • Pareto Efficiency • Preference (economics) • Preference Relation • Price war • Probability • Probability Distribution • Proxy bid • Purification theorem • Quantity • Rational Choice Theory • Rationality • Rationalizability • Real versus nominal value (economics) • repeated game • Risk Aversion • Sequential Equilibrium • Signaling game • solution concept • St. Petersburg paradox • Strategic complements • Strategy (game theory) • Subgame Perfect Equilibrium • symmetric equilibrium • Trigger strategy • Ultimatum Game • Utility • Willingness to pay • Winner's Curse • Zermelo's theorem (game theory) • Zero-sum Game
• ISBN-10: 0-691-27065-1 / 0691270651
• ISBN-13: 978-0-691-27065-4 / 9780691270654