A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
This book examines why game theory has become such a popular tool of analysis. It investigates the deficiencies in this methodology and goes on to consider whether its popularity will fade or remain an important tool for economists. The book provides the reader with some basic concepts from noncooperative theory, and then goes on to explore the strengths, weaknesses, and future of the theory as a tool of economic modelling and analysis. All those interested in the applications of game theory to economics, from undergraduates to academics will find this study of particular value.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Explores game theory's role and relevance in economics.
Who is this book for?
If you're curious about how strategic decisions shape economic outcomes, this book offers a thoughtful overview of game theory's strengths and limitations. It's especially useful for students and professionals eager to understand the practicalities and debates surrounding this influential analytical tool. You'll gain insight into its potential future in economic modeling, making complex concepts more approachable.
