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Insights into Game Theory: An Alternative Mathematical Experience


Insights into Game Theory: An Alternative Mathematical Experience

Hardback by Gura, Ein-Ya (Hebrew University of Jerusalem); Maschler, Michael (Hebrew University of Jerusalem)

Insights into Game Theory: An Alternative Mathematical Experience

£57.00

ISBN:
9780521874229
Publication Date:
13 Nov 2008
Language:
English
Publisher:
Cambridge University Press
Pages:
252 pages
Format:
Hardback
For delivery:
Estimated despatch 22 - 27 May 2024
Insights into Game Theory: An Alternative Mathematical Experience

Description

Few branches of mathematics have been more influential in the social sciences than game theory. In recent years, it has become an essential tool for all social scientists studying the strategic behaviour of competing individuals, firms and countries. However, the mathematical complexity of game theory is often very intimidating for students who have only a basic understanding of mathematics. Insights into Game Theory addresses this problem by providing students with an understanding of the key concepts and ideas of game theory without using formal mathematical notation. The authors use four very different topics (college admission, social justice and majority voting, coalitions and co-operative games, and a bankruptcy problem from the Talmud) to investigate four areas of game theory. The result is a fascinating introduction to the world of game theory and its increasingly important role in the social sciences.

Contents

Introduction; 1. Mathematical matching; 2. Social justice; 3. The Shapley value in cooperative games; 4. Analysis of a bankruptcy problem from the Talmud; Answers to the exercises; Index.

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