
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Useful Game Theory offers a refreshing perspective on modern wisdom, empowering readers to master strategic decision-making with the tools they already possess.
Every decision you make involves an element of game theory, often without you even realizing it. In this insightful book, economist Jay Prag and marketing strategist Amanda Ishak Prag delve into the essence of human nature, transforming the mathematical principles of game theory into practical, everyday strategies. Through familiar proverbs and timeless wisdom, readers will explore how elements like reputation, biases, cooperation, and family dynamics influence our strategic interactions.
From navigating a four-way stop and choosing take-out dinners to understanding the complexities of nuclear disarmament, Useful Game Theory demonstrates how recognizing the structure of games—players, choices, and outcomes—can enhance decision-making in all aspects of life.
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Information
Table of contents
- Cover
- Front Matter
- 1. What Is Game Theory?
- 2. No Honor Among Thieves: The Prisoner’s Dilemma
- 3. Know Thyself: The Players
- 4. Fool Me Once: The Value of Information
- 5. Do Unto Others: Cooperation in Games
- 6. A Stitch in Time…: Sequential Games
- 7. I Solemnly Swear…: Promises, Commitments, and Threats
- 8. Life Imitating Art: Repetition and Reputation
- 9. If Everyone Jumped Off a Cliff: Brinkmanship
- 10. All for One, and One for All: Collective-Action Games
- 11. Granny’s Gold
- Back Matter