Useful Game Theory - Prag, Jay; Prag, Amanda Ishak; - Prospero Internet Bookshop

Useful Game Theory: Fundamentals of Decision Making
 
Product details:

ISBN13:9783031751530
ISBN10:3031751531
Binding:Paperback
No. of pages:263 pages
Size:235x155 mm
Language:English
Illustrations: 49 Illustrations, black & white
700
Category:

Useful Game Theory

Fundamentals of Decision Making
 
Edition number: 2024
Publisher: Palgrave Macmillan
Date of Publication:
Number of Volumes: 1 pieces, Book
 
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Short description:

?This book is a must-read for anyone looking to understand the strategic decisions we make in our daily lives.??Ceyhun Elgin, Professor, Department of Economics, Bogazici University

Long description:

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.

Table of Contents:

Chapter 1: Introduction.- Chapter 2: No Honor Among Thieves: The Prisoner?s Dilemma.- Chapter 3: The Players.- Chapter 4: Fool Me Once: The Information Set.- Chapter 5.- Do Unto Others Cooperation in Games.- Chapter 6: A Stitch in Time Sequential Games.- Chapter 7: I Solemnly Swear Promises, Commitments, and Threats.- Chapter 8: In Games as in Life: Repetition.- Chapter 9: If Everybody Jumped Off the Cliff Brinkmanship.- Chapter 10: All for One and One for All: Collective Action Games.- Chapter 11: Granny?s Gold Other Sayings & Considerations.