Playing for Real, Coursepack Edition A Text on Game Theory

Name: Playing for Real, Coursepack Edition A Text on Game Theory
Price: 65.27 USD
Availability: InStock
ISBN: 9780199924530

ISBN-10: 0199924538

ISBN-13: 9780199924530

Edition: 2012

Authors: Ken Binmore

List price: $88.95

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Description:

Playing for Real is a problem-based textbook on game theory that has been widely used at both the undergraduate and graduate levels. The Coursepack Edition will be particularly useful for teachers new to the subject. It contains only the material necessary for a course of ten, two-hourlectures plus problem classes and comes with a disk of teaching aids including pdf files of the author's own lecture presentations together with two series of weekly exercise sets with answers and two sample final exams with answers. There are at least three questions a game theory book might answer: What is game theory about? How is game theory applied? Why is game theory right? Playing for Real is perhaps…

Book details

List price: $88.95
Copyright year: 2012
Publisher: Oxford University Press
Publication date: 9/12/2012
Binding: Paperback
Pages: 416
Size: 7.40" wide x 9.88" long x 0.86" tall
Weight: 1.760
Language: English




Getting Locked In


In this introductory lecture, a famous game called the Prisoners' Dilemma is introduced and used to illustrate how game theory can be used to clarify a variety of strategic problems. The idea of a Nash equilibrium makes its first appearance



Backing Up


This Chapter starts to explain how one can specify the rules of a game by introducing the idea of a game tree. We learn how some games can be solved by backward induction.



Taking Chances


Chance moves are introduced. Bayes rule for updating conditional probabilities appears for the first time.



Accounting for Tastes


We learn that a rational player in a risky situation will behave as though maximizing the expected value of a Von Neumann and Morgenstern utility function.



Planning Ahead


The ideas of an extensive and strategic form of a game are consolidated. We learn the mechanics of successively deleting dominated strategies.



Mixing Things Up


Rational players will sometimes need to randomoize their strategy choice to keep their opponents guessing. This Chapter explains how to work with such mixed strategies.



Buying Cheap and Selling Dear


This Chapter is an introduction to the use of game theory in economics. Students of economics will find most topics are treated from a different angle than they have probably seem before.



Repeating Yourself


Most of the games we play in real life are repeated over and over again. This makes a big difference to how they get played.



Getting Together


This Chapter applies game theory to bargaining.



Knowing What to Believe


One of the big successes of game theory lies in its ability to handle some situations in which players have good reason to conceal information from each other.



Taking Charge


This lecture is an optional extra about auctions and mechanism design. It can serve as a possible substitute for Lecture 8 or 9