**An exciting new edition of the popular introduction to** **game theory and its applications**

The thoroughly expanded *Second Edition* presents a unique, hands-on approach to game theory. While most books on the subject are too abstract or too basic for mathematicians, *Game Theory: An Introduction, Second Edition* offers a blend of theory and applications, allowing readers to use theory and software to create and analyze real-world decision-making models.

With a rigorous, yet accessible, treatment of mathematics, the book focuses on results that can be used to determine optimal game strategies. *Game Theory: An Introduction, Second Edition* demonstrates how to use modern software, such as Maple™, Mathematica®, and Gambit, to create, analyze, and implement effective decision-making models. Coverage includes the main aspects of game theory including the fundamentals of two-person zero-sum games, cooperative games, and population games as well as a large number of examples from various fields, such as economics, transportation, warfare, asset distribution, political science, and biology. The *Second Edition* features:

• A new chapter on extensive games, which greatly expands the implementation of available models

• New sections on correlated equilibria and exact formulas for three-player cooperative games

• Many updated topics including threats in bargaining games and evolutionary stable strategies

• Solutions and methods used to solve all odd-numbered problems

• A companion website containing the related Maple and Mathematica data sets and code

A trusted and proven guide for students of mathematics and economics, *Game Theory: An Introduction, Second Edition* is also an excellent resource for researchers and practitioners in economics, finance, engineering, operations research, statistics, and computer science.

- Written for introductory courses seeking a little rigor.
- The 4th edition brings the material fully up-to-date and includes new end-of-chapter problems and classroom projects, as well as a math appendix.
- Accompanied by a comprehensive website featuring solutions to problems and teaching notes.

**Engaging and highly readable,**Games of Strategyis a clear and comprehensive introduction to the study of game theory.

The third edition uses resonant, real-world examples to simplify complex theoretical ideas, helping students see the value of strategic thinking in a variety of situations.

A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing generalities and limiting the scope of the material in order to do so. The text is organized in four parts: strategic games, extensive games with perfect information, extensive games with imperfect information, and coalitional games. It includes over 100 exercises.

Game theory is the mathematical analysis of strategic interaction. In the fifty years since the appearance of von Neumann and Morgenstern's classic *Theory of Games and Economic Behavior* (Princeton, 1944), game theory has been widely applied to problems in economics. Until recently, however, its usefulness in political science has been underappreciated, in part because of the technical difficulty of the methods developed by economists. James Morrow's book is the first to provide a standard text adapting contemporary game theory to political analysis. It uses a minimum of mathematics to teach the essentials of game theory and contains problems and their solutions suitable for advanced undergraduate and graduate students in all branches of political science.

Morrow begins with classical utility and game theory and ends with current research on repeated games and games of incomplete information. The book focuses on noncooperative game theory and its application to international relations, political economy, and American and comparative politics. Special attention is given to models of four topics: bargaining, legislative voting rules, voting in mass elections, and deterrence. An appendix reviews relevant mathematical techniques. Brief bibliographic essays at the end of each chapter suggest further readings, graded according to difficulty. This rigorous but accessible introduction to game theory will be of use not only to political scientists but also to psychologists, sociologists, and others in the social sciences.

Key Features

* Explores the work of 1994 Nobel Prize Winners

* Full expansion of cooperative game theory sections

* Covers games with incomplete information

Spatial games section features many illustrations

* Updated bibliography

**Audience:** Graduate level and more advanced readers in economics, mathematics, operations research, and statistics. Also of international interest, especially in Europe, Israel, and Japan. The book has been translated into German, Japanese, Russian, Polish, and Romanian.

Game-theoretic reasoning pervades economic theory and is used widely in other social and behavioral sciences.

Coverage includes the fundamental concepts of strategic games, extensive games with perfect information, and coalitional games; the more advanced subjects of Bayesian games and extensive games with imperfect information; and the topics of repeated games, bargaining theory, evolutionary equilibrium, rationalizability, and maxminimization. The book offers a wide variety of illustrations from the social and behavioral sciences and more than 280 exercises. Each topic features examples that highlight theoretical points and illustrations that demonstrate how the theory may be used. Explaining the key concepts of game theory as simply as possible while maintaining complete precision,

This book pays careful attention to applications of game theory in a wide variety of disciplines. The applications are treated in considerable depth. The book assumes only high school algebra, yet gently builds to mathematical thinking of some sophistication. Game Theory and Strategy might serve as an introduction to both axiomatic mathematical thinking and the fundamental process of mathematical modelling. It gives insight into both the nature of pure mathematics, and the way in which mathematics can be applied to real problems.

Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information.

*Game Theory* will be useful for students at the graduate level in economics, political science, operations research, and applied mathematics. Everyone who uses game theory in research will find this book essential.

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