Introduction to Game Theory in Business and Economics
eBook - ePub

Introduction to Game Theory in Business and Economics

  1. 424 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Introduction to Game Theory in Business and Economics

About this book

Game theory is the study of strategic behavior in situations in which the decision makers are aware of the interdependence of their actions. This innovative textbook introduces students to the most basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics can readily understand most of the material.Demonstration problems in each chapter are designed to enhance the student's understanding of the concepts presented in the text. Many chapters include non-technical applications designed to further the student's intuitive understanding of strategic behavior. Case studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a review and questions and exercises. An online Instructor's Manual with test bank is available to professors who adopt the text.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Introduction to Game Theory in Business and Economics by Thomas J. Webster in PDF and/or ePUB format, as well as other popular books in Business & Monetary Policy. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Routledge
Year
2018
eBook ISBN
9781315497235

Table of contents

  1. Cover Page
  2. Title Page
  3. Dedication Page
  4. Copyright Page
  5. Contents
  6. Acknowledgments
  7. A Note to Students and Instructors
  8. 1. Introduction to Game Theory
  9. 2. Noncooperative, One-Time, Static Games with Complete Information
  10. 3. Focal-Point and Evolutionary Equilibria
  11. 4. Infinitely Repeated, Static Games with Complete Information
  12. 5. Finitely Repeated, Static Games with Complete Information
  13. 6. Mixing Pure Strategies
  14. 7. Static Games with Continuous Strategies
  15. 8. Imperfect Competition
  16. 9. Perfect Competition and Monopoly
  17. 10. Strategic Trade Policy
  18. 11. Dynamic Games with Complete and Perfect Information
  19. 12. Bargaining
  20. 13. Pure Strategies with Uncertain Payoffs
  21. 14. Torts and Contracts
  22. 15. Auctions
  23. 16. Dynamic Games with Imperfect Information
  24. Glossary of Terms and Concepts
  25. References and Suggestions for Further Reading
  26. Index
  27. Contributor