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Scissors and Rock

Name: Scissors and Rock
Brand: Springer Nature Switzerland AG
SKU: 28235940
Price: 42.19 EUR
Availability: InStock
Author: Manfred J. Holler
ISBN: 9783030448226

Game Theory for Those Who Manage

Manfred J. Holler

Barbara Klose-Ullmann

Language

English

Book Paperback

Libristo code: 28235940

Publishers Springer Nature Switzerland AG, April 2020

This book introduces readers to basic game theory as a tool to deal with strategic decision problems... Full description

Libristo code: 28235940

103 b

42.19 € VAT included

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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 - to extract a solution, if possible - 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 - to manage their decision problems and to better understand the decision problems of others.