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Full Description
Game Theory in Action is a textbook about using game theory across a range of real-life scenarios. From traffic accidents to the sex lives of lizards, Stephen Schecter and Herbert Gintis show students how game theory can be applied in diverse areas including animal behavior, political science, and economics. The book's examples and problems look at such fascinating topics as crime-control strategies, climate-change negotiations, and the power of the Oracle at Delphi. The text includes a substantial treatment of evolutionary game theory, where strategies are not chosen through rational analysis, but emerge by virtue of being successful. This is the side of game theory that is most relevant to biology; it also helps to explain how human societies evolve. Aimed at students who have studied basic calculus and some differential equations, Game Theory in Action is the perfect way to learn the concepts and practical tools of game theory.
* Aimed at students who have studied calculus and some differential equations* Examples are drawn from diverse scenarios, ranging from traffic accidents to the sex lives of lizards* A substantial treatment of evolutionary game theory* Useful problem sets at the end of each chapter
Contents
*Frontmatter, pg. i*Contents, pg. vii*Preface and acknowledgments, pg. xi*Chapter 1. Backward induction, pg. 1*Chapter 2. Eliminating dominated strategies, pg. 37*Chapter 3. Nash equilibria, pg. 61*Chapter 4. Games in extensive form with incomplete information, pg. 88*Chapter 5. Mixed strategy Nash equilibria, pg. 114*Chapter 5. Mixed strategy Nash equilibria, pg. 151*Chapter 7. Symmetries of games, pg. 186*Chapter 8. Alternatives to the Nash equilibrium, pg. 203*Chapter 9. Differential equations, pg. 217*Chapter 10. Evolutionary dynamics, pg. 232*Appendix. Sources for examples and problems, pg. 265*References, pg. 269*Index, pg. 271
