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Game Theory 101: The Basics, by William Spaniel
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New edition for the 2012-2013 school year!
Game Theory 101: The Basics is a no-nonsense, games-centered introduction to strategic form (matrix) games. From the first lesson to the last, each chapter introduces games of increasing complexity and then teaches the game theoretical tools necessary to solve them. Inside, you will find:
- All the basics fully explained, including pure strategy Nash equilibrium, mixed strategy Nash equilibrium, the mixed strategy algorithm, how to calculate payoffs, strict dominance, weak dominance, iterated elimination of strictly dominated strategies, iterated elimination of weakly dominated strategies, and more!
- Dozens of games solved, including the prisoner's dilemma, stag hunt, matching pennies, zero sum games, battle of the sexes/Bach or Stravinsky, chicken/snowdrift, pure coordination, deadlock, and safety in numbers!
- Crystal clear, line-by-line calculations of every step, with more than 200 images so you don't miss a thing!
- Tons of applications: war, trade, game shows, and duopolistic competition.
- Sales Rank: #304757 in eBooks
- Published on: 2011-07-18
- Released on: 2011-07-18
- Format: Kindle eBook
About the Author
William Spaniel is a PhD student in political science at the University of Rochester and creator of the popular YouTube series Game Theory 101.
Most helpful customer reviews
14 of 15 people found the following review helpful.
Learning Game Theory? Start with this book.
By Amazon Customer
A very good starter book to get to grips with the basics of game theory. Everything is well explained and I was able to breeze through it and start analysing situations for myself.
It doesn't have all the answers, but what it does is give you a firm grounding on the workings of game theory. Other explanations on the same subjects in other books that I've read don't even compare. This really was brilliantly explained.
11 of 13 people found the following review helpful.
Clear and simple introduction, with a few troublesome typos
By T. Sanchez
I'd always wanted a primer for game theory and leapt on this with its low price. I found this book an excellent introduction, easy to understand, no-nonsense, dry in a good way. I want to learn more, and may go on to buy the longer version, but I'm not sure. My concern is that some proofreading really should have been done, not for mere persnicketiness but because errors occur in the worst places if you're trying to follow the logic. In the introduction to mixed strategies, the very first calculation contains a typo (4/5 instead of 1/5, if I recall correctly), which stymied me until I verified, checking the equations, that the author had set it down wrong in the explanation. Similar if less drastic typos occur later, with player 1 named instead of player 2 and a few more with confusing consequences. The author ought to consider rechecking the numbers in the later sections of the book.
13 of 17 people found the following review helpful.
Not suitable for Kindle
By JJ
Tried to read this on the Kindle, as I am a great Kindle fan, but found the with the diagrams and having to go back and forth to them it was not really that easy. Might get the hard copy one day, as the book actually looked quite good.
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