Erickson, K. H.

Game Theory: A Simple - Introduction

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ISBN 13:
9781494364892
author:
Erickson, K. H.
format:
Paperback
publisher:
Createspace Independent Publishing Platform
language:
English
Publication Year:
2013
Pages:
102
Dimensions:
20.3 x 13.3 x 0.5 centimetres (0
Genre:
Science, Mathematics, Game Theory,
Condition:
New
Availability:
Item usually sent within 5 working days
£12.22

Description

Game Theory: A Simple Introduction by K H. Erickson offers an accessible guide to understanding game theory's basic principles and extensive applications. This book explores various concepts, including game matrices, prisoners' dilemma, dominant and mixed strategies, zero-sum games, Pareto efficiency, the Nash equilibrium, and asymmetric information. You'll learn how to calculate payoffs and find outcomes in games, using examples such as those involving characters with conflicting interests. The book also examines the impact of altruism and hatred on games, as well as how games can change over time. With over 50 images to guide you through the steps, this introduction provides a solid foundation for understanding game theory's power and relevance. Through real-world examples, including gang members, free riders, global governance, long-term relationships, competing corporations, advertisers, and their customers, this book demonstrates how game players use various strategies to achieve their goals.

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