Games of Strategy is beloved by students and instructors alike for its flexible organisation, focus on problem-solving and engaging and accessible examples from diverse fields, like political science, biology and business. The completely revised Fifth Edition adds the work of David McAdams, especially in the areas of market design and auction theory, and provides new insights into diverse applications, such as billion-dollar buy-outs, job offer negotiation, the Cuban Missile Crisis and collusion in the school milk market.
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Comprehensive, clear, and approachable, with clever real-world examples that motivate students
RELEVANT AND RELATABLE EXAMPLES AND CASES ENGAGE STUDENTS

Games of Strategy, Fifth Edition, has the most engaging, student-oriented examples on the market. Students explore a variety of topics, such as how Congress and the Federal Reserve interact when setting fiscal and monetary policy, what we can learn from data gathered by Wimbledon’s new ball tracking system “Hawkeye” and side-blotched lizards in California. Students can also delve into issues concerning student life, such as grade inflation and why roommates wait for the other one to buy the common items (soap, ketchup etc.) and therefore, why they always run out.

REFLECTS THE LATEST RESEARCH, ESPECIALLY INSIGHTS IN AUCTION THEORY AND MARKET DESIGN

The Fifth Edition has been thoroughly updated to include examples of the latest research, highlighting new applications in business, medicine and day-to-day interactions.

REVISED PROBLEMS THAT PROVIDE ENGAGING ASSIGNMENTS FOR STUDENT PRACTICE

Games of Strategy helps students apply what they have learned to problems in the real world. This text has always had an engaging selection of problems for instructors to use, including some with solutions provided for students. The new edition continues with problems based on new applications.
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Product details

ISBN
9780393422207
Published
2020-12-05
Edition
5. edition
Publisher
WW Norton & Co
Weight
1064 gr
Height
257 mm
Width
183 mm
Thickness
25 mm
Age
U, 05
Language
Product language
Engelsk
Format
Product format
Heftet
Number of pages
768

Biographical note

Avinash K. Dixit is Emeritus John J.F. Sherrerd University Professor of Economics at Princeton University, where he offered his popular freshman course in game theory. He is among the world’s leading economists, having made fundamental contributions in several major fields as well as in game theory. He is the author of many books, including Dixit/Nalebuff: Thinking Strategically (Norton, 1991), Dixit/Pindyck: Investment Under Uncertainty (Princeton University Press, 1994), and Dixit/Nalebuff: The Art of Strategy (Norton, 2009). Susan Skeath is Professor of Economics at Wellesley College, where she teaches a number of courses in microeconomics and a course in game theory, which she introduced into the school’s curriculum. She conducts research in international trade theory, and is currently working on a new Intermediate Microeconomics text with her colleague Ann Velenchik. Professor Skeath earned her doctorate at Princeton University. David McAdams is professor of business administration at Duke University's Fuqua School of Business and economics professor at Duke. Holding a PhD from Stanford's Graduate School of Business and previously associate professor at MIT Sloan, he is a distinguished scholar in microeconomic theory and game theory. McAdams applies his expertise to consulting in market design and strategic business challenges, aiding various firms in auction strategies and mission-critical decisions. He has authored Game-Changer: Game Theory and the Art of Transforming Strategic Situations (Norton, 2014) and instructs MBA and PhD courses on game theory and market design at Duke.