<p><br/></p><div class="content"><b>Product Description</b><br/>Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science, and the law. <i>Strategies and Games</i> grew out of Prajit Dutta's experience teaching a course in game theory over the last six years at Columbia University.<br/><br/>The book is divided into three parts: Strategic Form Games and Their Applications, Extensive Form Games and Their Applications, and Asymmetric Information Games and Their Applications. The theoretical topics include dominance solutions, Nash equilibrium, backward induction, subgame perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling. An appendix presents a thorough discussion of single-agent decision theory, as well as the optimization and probability theory required for the course.<br/><br/>Every chapter that introduces a new theoretical concept opens with examples and ends with a case study. Case studies include Global Warming and the Internet, Poison Pills, Treasury Bill Auctions, and Final Jeopardy. Each part of the book also contains several chapter-length applications including Bankruptcy Law, the NASDAQ market, OPEC, and the Commons problem. This is also the first text to provide a detailed analysis of dynamic strategic interaction. <br/><br/><b>About the Author</b><br/>Prajit K. Dutta is Professor of Economics at Columbia University. </div><p><br/></p><p><img src="http://ecx.images-amazon.com/images/I/515W6N5GKHL.jpg" border="0" alt=""/></p><p><strong>amazon评价:</strong></p><p><strong>Highly recommended</strong></p><div style="MARGIN-BOTTOM: 0.5em;">This is definitely a very good introduction book. It is very accessible, while at the same time formalized enough to make it a good reference book. </div><p>It explains the results derived in a very intuitive manner, which I like a lot about this book. There is a straightforward, intuitive explanation provided for (almost) every result. The main points of every chapter are also outlined very nicely, the book has a great structure. </p><p>Another good thing is that the author quite often states straightforward questions right after claiming some result, like "..which leads us to ask...", or "...this begs the question of..." This is nice because it helps you keep track of what it is we are actually looking for or the general direction of the whole chapter. </p><p>The chapters are small, which I think is good because it allows the reader to get a sense of accomplishment rather often, great for motivation. </p><p>Unfortunately, there are no answers provided to the questions. If you are not bothered by that, then no problem. But I don't have that kind of dicipline, and I suspect most people don't, which is mostly why I took off one star. But on the other hand, I guess most other game theory texts don't provide answers either, so maybe I shouldn't hold it too much against it. All in all, it's a terrific book and game theory such a wonderful subject, so I can't but recommend it. </p><p><span></span> <br/></p><p>
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