Games and Information: An Introduction to Game Theory

This is the third game theory book I read (the first two are Game Theory for Applied Economists by Gibbons and Game Theory by Fudenberg & Tirole). This book is good in the sense that the author elaborates the history of game theory and introduces it with simple yet detailed examples. However, I am puzzled why the author jumps right to games of imperfect information after a merely basic introduction of static game. I prefer Fudenberg & Tirole because the book first touches upon games without uncertainty and fully discusses how players make decisions in static game and repeated games. After having built a solid foundation of games without uncertainty, the authors then introduced games with incomplete information. From my perspective this is a more normal way of studying game theory.

This book is the classic text on Game Theory. Game Theory is about strategy and it applies to a variety of subject matters. Strategy is applied to business, investing, law enforcement, and life in general. Strategy is about examining the situation as given and determining how to maximize your gains.One of the toughest concepts to master is the fact that maximizing one's gains doesn't always mean that one must win or obtain the most. At times it means that one must determine which action to take that can prevent one's opponent from doing as well or better as himself.I have personally found that this book is valuable tool that can be used in the realm of artificial intelligence programming for games.

The fact that I went as far as solving the problems was extra, but the author is diligent in this area. The theory is fascinating. You'll learn that things aren't always what they appear to be.

This book is very informative and one of the best texts to use if you're teaching a Game Theory course.

Read the title. Also, if you study this, you are cool, dont let anyone tell you otherwise.3 more words.

This textbook was required in the game theory class I took in economics graduate school. For a grad text, it's simple and easy, but that's the beauty of it. I read it cover-to-cover, enjoying each page, and coming away with a deeper understanding and wanting to continue learning and applying the concepts. I guarantee I couldn't do this with the books used in most of my other classes. It helped me do exceedingly well in class and impress my department chair.The author explains concepts in a step-by-step approach, so I never felt overwhelmed. They always returned to examples that were as simple as possible to illustrate the concepts, then built on them as you learn more through the chapters. Applications ranged from war games to business competition to downright silly anecdotes.I see uses for the understanding of game theory I first acquired in this book all the time. People around me become interested and ask me where to get a good primer on the subject. I always recommend this book and lend it out so much that, in honesty, I should just buy another copy.

À la fois convivial (même un peu d'humour) et rigoureux. Super référence ! Je me rappelle notamment que le théorème des fonctions implicites y est expliqué de manière limpide ce qui est assez rare. Abordable pour ce genre d'ouvrages surtout en "hard cover". En suite la partie information est un peu légère à mon goût (voir plutôt Laffont&Martimort et Bolton&Dewaptriont).