Games for Business and Economics / Edition 2

by Roy Gardner

Overview

This innovative book shows students how to set up and solve games, particularly those in economics and business, using game theory. Gardner's unique approach helps students develop strong modeling skills by using proven applications and examples of setups. The book also features a variety of examples, including many from business, politics, economics, and history.

Product Details

ISBN-13:	9780471230717
Publisher:	Wiley
Publication date:	01/23/2003
Edition description:	REV
Pages:	464
Product dimensions:	7.22(w) x 9.11(h) x 0.65(d)

About the Author

Roy Gardner was born in Peoria, Illinois and graduated summa cum laude from Bradley University. He served as an artillery officer in the U.S. Arm-Bielefeld, Mannheim, AmsterdamVietnam, winning a Bronze Star. He earned his Ph.D in economics from Cornell University in 1975. He has been at Indiana University since 1983, and holds the title of Chancellors' Professor Economics. He is also Senior Fellow of the Center for European Integration Studies, Bonn, Germany., spoils system
Dr. Gardner specializes in the theory of games and economic behavior. He has applied game theory to such topics as class struggles, draft resistance, alliance formation, monetary union, and corruptions of his research has been on human dimensions of global environmental change, which has received over a dozen years of national Science Foundation support. Much of his research appears in this book. Prior to coming to Indiana, Dr. Gardner was on the faculties of Iowa State and Northwestern. He participated in the first U.S.-France Exchange of Scientists (1979-80) to the Center for Mathematical Economic Planning (CEPREMAP) in Paris, and was an Alexander von Humboldt Fellow at the University of Bonn (1985-86). He has also been a research fellow at the universities of , the Institute for Advanced Studies (Vienna) and the National University of Ukraine (KYIV). He has served on the National Research council, Panel for Social and Behavioral Sconces (1989-92), is a member of eight professional societies, and serves as referee or consultant to thirty-six scientific journals, eighth publishers, and four national science foundations.

Table of Contents

Preface.

About the Author.

PART ONE: BASIC GAME THEORY.

An Introduction to Games and Their Theory.

Games of Chance.

Nash Equilibrium for Two-Person Games.

Mixed Strategies and Mixed Strategy Nash Equilibrium.

n-Person Games in Normal Form.

Noncooperative Market Games In Normal Form.

PART TWO: GAMES WITH SEQUENTIAL STRUCTURE.

Credibility and Subgame Perfect Equilibrium.

Repeated Games.

Evolutionary Stability and Bounded Rationality.

PART THREE: GAMES WITH IMPERFECT INFORMATION.

Signaling, Screening, and Sequential Equilibrium.

Games Between A Principal and an Agent.

Auctions.

PART FOUR: GAMES INVOLVING BARGAINING.

Two-Person Bargains.

n-Persons Bargaining and the Core.

PART FIVE: GAMES, MARKETING, AND POLITICS.

Two-Sided Markets And Matching Games.

Voting Games.

Index.

Editorial Reviews

Enables advanced undergraduates and business students to set up and solve games that arise in business and economics. Features many examples drawn from real life situations in politics, economics, and history, and covers basic game theory, mixed strategies, games with sequential structure, bounded rationality, games with imperfect information, bargaining, and two-sided markets and matching games. Assumes one year of college mathematics. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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