Game Theory: A Very Brief And Non-technical

Game Theory: A Very Brief And Non-technical Introduction by Nejat Anbarci, Akoz Kemal Kivanc, Ergun Akleman

• Game Theory: A Very Brief And Non-technical Introduction
• Nejat Anbarci, Akoz Kemal Kivanc, Ergun Akleman
• Page: 160
• Format: pdf, ePub, mobi, fb2
• ISBN: 9781800617643
• Publisher: World Scientific Publishing Europe Ltd

Download Game Theory: A Very Brief And Non-technical Introduction

Text books download links Game Theory: A Very Brief And Non-technical Introduction by Nejat Anbarci, Akoz Kemal Kivanc, Ergun Akleman 9781800617643

In this introductory text, we explain the key concepts and strategies of game theory, alongside the well-known 'games' in which these principles are put to the test. Instead of overwhelming the reader with complex equations and jargon, we unravel the fascinating world of game theory through engaging and entertaining narratives, presenting the fundamentals of the field in an accessible style. Perfect for students beginning their journeys in economic theory and general readers alike, this book will foster an understanding of the hidden strategies at play in all kinds of human interaction.Game theory, which can also be referred to as the science of strategy, is the study of how agents - individuals, firms, institutions and governments - make a decision when the outcome of their moves depends on the decisions of others. In these situations, the agents sometimes cooperate, sometimes clash, sometimes do both and sometimes act randomly. From low-stakes, everyday decisions to pivotal negotiations between international governments, game theory is applicable to all aspects of our lives as social beings.Among other applications of game theory, the book proposes a referee assignment system for football competitions like the English Premier League, incorporating team preferences for greater fairness. It also proposes an AI-based method to reduce chess draws, where moves are scored based on their proximity to optimal play, and the player with the highest score wins in the event of a draw.

Game Theory - World Scientific Publishing
This book serves as an introduction to game theory for students with no prior game theory knowledge, or with limited background in economics and mathematics.
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This is an excellent, non-technical introduction to game theory, covering most topics, including incomplete information games and evolutionary game theory.
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book. Bayesian Nash equilibrium is briefly introduced. The subsequent chapters discuss cooperative solutions with and without side payments, rationalizable .

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