1st Edition
Introduction to Game Theory in Business and Economics
By Thomas J. Webster
Copyright 2009
424 Pages
by
Routledge
424 Pages
by
Routledge
Also available as eBook on:
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... Read more
List of Figures and Tables; Acknowledgments; A Note to Students and Instructors; 1. Introduction to Game Theory; 2. Noncooperative, One-time, static Games with Complete Information; 3. Focal-Point and Evolutionary Equilibria; 4. Infinitely-Repeated, Static Games with Complete Information; 5. Finitely-Repeated, Static Games with Complete Information; 6. Mixing Pure Strategies; 7. Static Games with Continuous Strategies; 8. Imperfect Competition; 9. Perfect Competition and Monopoly; 10. Strategic Trade Policy; 11. Dynamic Games with Complete and Perfect Information; 12. Bargaining; 13. Pure Strategies with Uncertain Payoffs; 14. Torts and Contracts; 15. Auctions; 16. Dynamic Games with Incomplete Information; Notes; Glossary of Terms and Concepts; References and Suggestions for Further Reading; Index.
Biography
Thomas J. Webster
