000			02182 a2200217 4500
003			OSt
020			_a9780262046527
040			_cIIT Kanpur
041			_aeng
082			_a519.3 _bD954s2
100			_aDutta, Prajit K.
245			_aStrategies and games [2nd. ed.] _btheory and practice _cPrajit K. Dutta and Wouter Vergote
250			_a2nd. ed.
260			_bMIT Press _c2022 _aCambridge
300			_axxxiv, 672p
520			_aThis widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.
650			_aGame theory
650			_aEquilibrium (Economics) -- Game theory
700			_aVergote, Wouter
942			_cBK
999			_c567307 _d567307