EAN: 9780262061414

GAME THEORY - FUDENBERG DREW JEAN TIROLE GEBUNDEN

This advanced text introduces the principles of noncooperative game theory in a direct and
uncomplicated style that will acquaint students with the broad spectrum of the field while
highlighting and explaining what they need to know at any given point. This advanced text
introduces the principles of noncooperative game theory—including strategic form games  Nash
equilibria  subgame perfection  repeated games  and games of incomplete information—in a direct
and uncomplicated style that will acquaint students with the broad spectrum of the field while
highlighting and explaining what they need to know at any given point. The analytic material is
accompanied by many applications  examples  and exercises. The theory of noncooperative games
studies the behavior of agents in any situation where each agent's optimal choice may depend on
a forecast of the opponents' choices. Noncooperative refers to choices that are based on the
participant's perceived selfinterest. Although game theory has been applied to many fields 
Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study
of economic problems. They also include some applications to political science. The fourteen
chapters are grouped in parts that cover static games of complete information  dynamic games of
complete information  static games of incomplete information  dynamic games of incomplete
information  and advanced topics.

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