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Full Description
This textbook presents all the fundamental concepts of Game Theory in accessible language and elucidates them through a wide variety of applications from current politics, business, and international relations. It does so through a wide miscellany of topics such as the serving patterns of Roger Federer, fate of the hapless spy, auction of cricketers for league games, and the all-important question - are our children really smarter than we are? This textbook goes beyond over-emphasizing technique and concentrates on the accessibility and applicability of the subject. Hence a wide variety of readers including school students, business leaders, and policy makers will get deep insights of the subject through the book. By specifically orienting the treatment of the subject towards these groups, this book makes the task of instructors that much easier.
Contents
Rationality.- Common Knowledge.- Nash Equilibrium.- Sequential Games.- Asymmetric Information.- Randomization.- Auctions and Mechanisms.- Cooperative Games.



