Description
Summary: | Games are everywhere: Drivers maneuvering in heavy traffic are playing a driving game. Bargain hunters bidding on eBay are playing an auctioning game. The supermarket's price for corn flakes is decided by playing an economic game. This Very Short Introduction offers a succinct tour of the fascinating world of game theory, a ground-breaking field that analyzes how to play games in a rational way. Ken Binmore, a renowned game theorist, explains the theory in a way that is both entertaining and non-mathematical yet also deeply insightful, revealing how game theory can shed light on everything from social gatherings, to ethical decision-making, to successful card-playing strategies, to calculating the sex ratio among bees. With mini-biographies of many fascinating, and occasionally eccentric, founders of the subject--including John Nash, subject of the movie A Beautiful Mind--this book offers a concise overview of a cutting-edge field that has seen spectacular successes in evolutionary biology and economics, and is beginning to revolutionize other disciplines from psychology to political science.
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Physical Description: | 1 online resource : illustrations |
Bibliography: | Includes bibliographical references and index. |
ISBN: | 9780191551178 0191551171 9781435617650 1435617657 9780191579585 0191579580 9786611149772 6611149775 1281149772 9781281149770 |
Source of Description, Etc. Note: | Print version record; title from online resource (accessed December 8, 2021). |
Biographical or Historical Data: | Ken Binmore is Emeritus Professor of Economics at University College, London. He has held Chairs in Economics at the London School of Economics and the University of Michigan. |