Game Theory: Anticipating Reactions for Winning Actions (英语) 平装 – 2012年1月15日
Dr. Mark L. Burkey is a Professor of Economics at North Carolina A&T State University. He has published papers in Microeconomic Theory, Game Theory, and Spatial Analysis in top journals. He has undergraduate degrees in Economics, Banking and Mathematics (minor) from Appalachian State University, and MA and Ph.D. degrees from Duke University. He won the Barry Moriarty prize for the best graduate student research article from the Southern Regional Science Association, and has a YouTube channel and website where he delivers brief (10-20 minute) lectures on Game Theory, Microeconomics, and Statistics (see www.burkeyacademy.com).
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This book by Dr. Burkey follows in the same tradition. He intends to cover the fundamentals of game-theory in a user-friendly manner, while giving examples regarding the applications of each topic. His target audience appears to be initial or intermediate students or practitioners wanting to expand one's "toolbox". After going through his book, I strongly feel he has done complete justice to what he intended to achieve.
The chapters in the book are:
Chapter 1 Introduction to Game Theory
Part I Simultaneous and Sequential Games with Perfect Information
Chapter 2 How to "Solve" a Game I: Simultaneous, One-Shot Games
Chapter 3 Standard Game Types
Chapter 4 Larger Games and Refinements to Nash Equilibrium
Chapter 5 How to Solve a Game II: Sequential Games
Chapter 6 Repeated Games and Cooperation
Part II Information and Other Games
Chapter 7 The Theory of Contracts: Introduction to Moral Hazard and Adverse Selection
Chapter 8 Corporate Games I: Games Against Your Customers
Chapter 9 Corporate Games II: Games Against Your Employees
Chapter 10 Corporate Games III: Games Against the Competition
Chapter 11 Building Cooperation in Teams
Chapter 12 Games Against Yourself
The book is strong on building fundamentals and an intuition for the subject; the author has also used many examples to illustrate his point. This makes it easier to appreciate how game theory actually works. In his last chapter for example - Games against yourself - the author discusses "games against your former self" and issues of self-control from a game-theoretic perspective - in his usual witty, conversational style and drives home the point well. The book's accompanying website,[...], is a welcome augmentation, where the author has put up some video lessons and further resources. Reminded me of the two wonderful and well-established authors - Gilbert Strang & Andy Field - who have similar aids to help their readers.
The flip-side as I could see is that the author has used certain terms rather "loosely", than how they are used in more formal texts. However, he recognises this weakness and says this is to aid one into becoming a "user" of these terms, rather than a "memorizer". I agree!
In sum, this book is definitely a worthwhile investment for someone wanting to understand and internalise the basics of game-theory and a bunch of its myriad applications. I am glad I got this book! Kudos, Dr Burkey, keep up the great work!