Games are everywhere: Drivers manoeuvring in heavy traffic are playing
a driving game. Bargain hunters bidding on eBay are playing an
auctioning game. A firm negotiating next year's wage is playing a
bargaining game. The opposing candidates in an election are playing a
political game. The supermarket's price for corn flakes is decided by
playing an economic game. Game theory is about how to play such games
in a rational way. Even when the players have not thought everything
out in advance, game theory often works for the same reason that
mindless animals sometimes end up behaving very cleverly: evolutionary
forces eliminate irrational play because it is unfit. Game theory has
seen spectacular successes in evolutionary biology and economics, and
is beginning to revolutionize other disciplines from psychology to
political science. This Very Short Introduction introduces the
fascinating world of game theory, showing how it can be understood
without mathematical equations, and revealing that everything from how
to play poker optimally to the sex ratio among bees can be understood
by anyone willing to think seriously about the problem. ABOUT THE
SERIES: The Very Short Introductions series from Oxford University
Press contains hundreds of titles in almost every subject area. These
pocket-sized books are the perfect way to get ahead in a new subject
quickly. Our expert authors combine facts, analysis, perspective, new
ideas, and enthusiasm to make interesting and challenging topics
highly readable.
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A Very Short Introduction
Produktdetaljer
ISBN
9780191579585
Publisert
2019
Utgiver
Oxford University Press Academic UK
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter