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020 _a9789353066307 (pbk.)
_qCopyright in india transferred to Segment Publication for printing.
020 _a9780745011592
040 _cIIMU
082 _a330.015193 GR
100 1 _aGibbons, Robert.
_eauthor.
245 _aPrimer in game theory /
_cRobert Gibbons.
250 _a1st ed.
260 _bPearson Education,
_c2019.
_aNew Delhi :
300 _axiii, 267 p.;
_c24 cm.
504 _aIncludes bibliographical references.
520 _aGame theory has revolutionized economics research and teaching during the past two decades. There are few undergraduate or graduate courses in which it does not form a core component. Game theory is the study of multi-decision problems and such problems occur frequently in economics. Industrial organization provides many examples where firms must consider the reactions of others. But there are many other areas in which it is applicable - from individual workers vying for promotion to countries competing or colluding to choose trade policies. Bob Gibbons provides an introduction to the branches of game theory that have been widely applied in economics. He emphasizes the applications as much as the pure theory. This not only helps to teach the theory, but also illustrates the process of model building - the process of translating an informal description of a multi-person decision situation into a formal, game theoretic problem to be analyzed. The approach aims to serve as both an introduction to those who will go on to specialize as pure game-theorists. It also introduces game theory to those who will later construct (or at least use) game-theoretic models in applied fields of economics.
650 0 _aGame Theory.
942 _2ddc
_cM
999 _c12873
_d12873