This book introduces readers to basic game theory as a tool to deal with strategic decision problems, helping them to understand the complexity of such problems â to extract a solution, if possible â and to manage the complexity by revising the game if appropriate. The authors discuss basic decision situations modeled as Prisoners' Dilemma, Chicken Game, and Stag Hunt Game, as well as concepts like the Nash equilibrium, Trembling Hand Perfectness, Rationalizable Strategies and the Theory of Moves to introduce game theoretic thinking. Further, the book presents pioneers of strategic thinking, e.g., Sun Tzu, Machiavelli, Adam Smith, and Goethe, and includes cases of conflict and cooperation to illustrate practical applications. Readers learn to apply game theory in business and in daily life â to manage their decision problems and to better understand the decision problems of others.
eBook - ePub
Scissors and Rock
Game Theory for Those Who Manage
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
About this book
Information
Table of contents
- Cover
- Front Matter
- 1. Playing for Susan
- 2. No Mathematics
- 3. The Prisonersâ Dilemma, but Who Are the Players?
- 4. The Nash Equilibrium
- 5. Sequence of Moves and the Extensive Form
- 6. Chaos, Too Many and Too Few
- 7. Which Strategy to Choose?
- 8. Step-by-Step: The Subgame-Perfect Equilibrium
- 9. Forever and a Day
- 10. Mixed Strategies and Expected Utility
- 11. More Than Two Players
- 12. Bargaining and Bargaining Games
- 13. Goetheâs Price Games, Auctions, and Other Surprises
- Back Matter
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Yes, you can access Scissors and Rock by Manfred J. Holler,Barbara Klose-Ullmann in PDF and/or ePUB format, as well as other popular books in Mathematics & Business Strategy. We have over 1.5 million books available in our catalogue for you to explore.