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Game Theory: Analysis of Conflict

Game Theory: Analysis of Conflict
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Manufacturer: Harvard University Press
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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.



 

What Customers Say About Game Theory: Analysis of Conflict:

The importance of this fact is known also in biology and in the information theory. This book treats all the principal arguments of actual game theory. But particullary it studies the Bayes theorem. The tree strategies have the possibility to converge at equilibria. Myerson analyses the method for stabilizing also random subcessions.

This book is highly recommended for those starting in game theory and need its mathematical background.It covers everything it should in a concise and accurate way. It is not for those not interested in the math underlying the theory. If your choice is between Myerson's, and Rubinstein and Osborne's "A course in Game Theory", I would choose Myerson's for a first course, it's more detailed and therefore better for self study.

This is a great book, containing an incredible wealth of knowledge. Don't be fooled by the word "introduction" in the description: this book is packed with mathematics, and is written in a very dense, academic style. It's all explained very well, by one of the premier game theory experts in the world (who also won the Nobel Prize, by the way). I'm not surprised at all to see that this book has been reviewed by several Ph D students.The only problem is that it's a difficult read. If you want a more lighthearted introduction to game theory, without all the equations, I highly recommend "Thinking Strategically" by Dixit and Nalebuff. It may not be quite as substantive as this tome, but it's a much better choice for the semi-casual reader.

A wonderful book that introduces the subject rigorously, but also provides exceptional intuition, examples, and understanding.

Even though Myerson asserts that this book is intended to be "a general introduction to game theory" in Preface, it is difficult to understand for beginners who have not mathematics knowledge in the level of upper class. or first year Ph.D students. In this point, the volume is different from other introductions - e.g. Morton Davis' "Game Theory"-, rather is suitable for M.A. However, this book is not so much for students majoring economics as for various social sceintists in the sense that it does not focus on only "economics" but on pure game "theory" in nearly all areas.

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