Game Theory: Analysis of Conflict by Roger B. Myerson

Game Theory: Analysis of Conflict

Features

Cover Type: Paperback with 584 pages

Published by: Harvard University Press September 15, 1997

Written in: English

ISBN 10 Number: 0674341163

ISBN 13 Number: 978-0674341166

Book Dimensions: 9.1 x 6 x 1.4 inches

Weighs: 2 pounds

Product Review
In a clear, Myersonian writing style, this book systematically describes our state-of-the-art knowledge of game theory. Written as an introductory text, it looks at the subject from the viewpoint of a newcomer to the field, beginning with utility theory and arriving at the most sophisticated ideas discussed today. Myerson not only gives complete mathematical statements and proofs, but also supplies the intuitive arguments that motivate themBecause of its comprehensiveness, researchers and users of game theory can find descriptions of almost all special game theoretic topics and issues presented in "user friendly" styleIt is very likely that Myerson's Game Theory will remain the main introductory text for many years to come.
--Ehud Kalai (Games and Economic Behavior )

Exposing an applied mathematics field on a basic level poses a challenge to an author, namely, to find the proper mix of displaying the models, providing the motivation and presenting the mathematical results and derivations. This is even more true in a field like game theory, where the models are not universally acceptable as adequately depicting real applications. The author, in the text under review, is doing remarkably well. The models are displayed with enough details and explanations to generate motivation even in newcomers to the fieldAll in all, it is a very good elaborate introduction to game theory.
--Zvi Artstein (Mathematical Reviews )

Myerson provides a good introduction to game theory, focusing on the 'generality and unity of game theory' rather than on its extensive applications. After a brief overview of Bayesian decision theory, noncooperative and cooperative models of games are explored in the context of their solutions, results, and guiding methodological principles. The relative merits of the extensive form and the strategic form of a game are illustrated, which lead naturally into an analysis of equilibria for each representation. Special extensions are discussed, including games with communication, repeated games, and noncooperative games that introduce the elements of bargaining and coalitionsThe book has interesting and challenging problem sets for each chapter as well as a bibliography for students who want to study in more depth specific topics in game theory. (Choice )

A very well-written introduction to game theory. (American Mathematical Monthly )

Product Description

Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information.

Game Theory will be useful for students at the graduate level in economics, political science, operations research, and applied mathematics. Everyone who uses game theory in research will find this book essential.

Reader Reviews
I just completed a game theory book (Game Theory Evolving, Princeton University Press, 2000). To find the best way to present various materials, I went through virtually every game theory book in existence. For the presentation of the basic material on normal and extensive form games, nothing even came close to this book in clarity of presentation and depth of understanding of the issues. Most textbooks, even highly touted ones that are mathematically challenging, do not even come close, and rarely even present the material in a coherent form at all. I used to do a lot of carpentry, and I always knew the good carpenters from the run of the mill. The latter talk about how to build stuff. The good ones talked about how you choose, preserve, treat, and sharpen your tools. Myerson is, for game theory, like the good carpenter, and this book is more about the nature of the tools of game theory than their deployment--although it is certainly that, too. The subtitle of this book is silly ("The Analysis of Conflict"). Game theory is the analysis of cooperation as much as conflict, and much, much else as well. So is this book. Comment | | (Report this)

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Updated on 6-4-2008.