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Game Theory: A Nontechnical Introduction
Product Description Fascinating, accessible introduction to enormously important intellectual system with numerous applications to social, economic, political problems. Newly revised edition offers overview of game theory, then lucid coverage of the two-person zero-sum game with equilibrium points; the general, two-person zero-sum game; utility theory; other topics. Problems at start of each chapter. Reader Reviews Davis' book suffers from its very nature -- it attempts to explain a highly technical, that is, mathematical, subject without using mathematics. Davis is only partially successful in avoiding the use of mathematics; given the almost impossible nature ot the task, he does quite a good a job at explaining game theory. The chapters on zero sum games hold together nicely and manage to leave the reader with an understanding of their nature as well as how to arrive at a Pareto-optimal solution. (Small rant: It drives me absolutely bonkers when I hear business school grads tossing around the word "Pareto" as if they had any idea of what they spoke!) When non-zero sum games are introduced, however, Davis simply cannot overcome the complexity of trying to explain multi-variable solutions with mere words. He resorts to quasi-mathematical explanations or makes assumptions that would not be at all obvious to the lay reader. This book is an excellent refresher in game theory, or a good primer for those with some knowledge of the topic and some intuitive mathematics. Comment | | (Report this)
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