Cover image for Games for business and economics
Title:
Games for business and economics
Personal Author:
Edition:
2nd ed.
Publication Information:
New York : John Wiley and Sons, 2003
ISBN:
9780471230717

Available:*

Library
Item Barcode
Call Number
Material Type
Item Category 1
Status
Searching...
30000010053724 HD30.22 G37 2003 Open Access Book Book
Searching...

On Order

Summary

Summary

This innovative book shows students how to set up and solve games, particularly those in economics and business, using game theory. Gardner's unique approach helps students develop strong modeling skills by using proven applications and examples of setups. The book also features a variety of examples, including many from business, politics, economics, and history.


Author Notes

Roy Gardner was born in Peoria, Illinois and graduated summa cum laude from Bradley University. He served as an artillery officer in the U.S. Arm-Bielefeld, Mannheim, AmsterdamVietnam, winning a Bronze Star. He earned his Ph.D in economics from Cornell University in 1975. He has been at Indiana University since 1983, and holds the title of Chancellors' Professor Economics. He is also Senior Fellow of the Center for European Integration Studies, Bonn, Germany., spoils system
Dr. Gardner specializes in the theory of games and economic behavior. He has applied game theory to such topics as class struggles, draft resistance, alliance formation, monetary union, and corruptions of his research has been on human dimensions of global environmental change, which has received over a dozen years of national Science Foundation support. Much of his research appears in this book. Prior to coming to Indiana, Dr. Gardner was on the faculties of Iowa State and Northwestern. He participated in the first U.S.-France Exchange of Scientists (1979-80) to the Center for Mathematical Economic Planning (CEPREMAP) in Paris, and was an Alexander von Humboldt Fellow at the University of Bonn (1985-86). He has also been a research fellow at the universities of , the Institute for Advanced Studies (Vienna) and the National University of Ukraine (KYIV). He has served on the National Research council, Panel for Social and Behavioral Sconces (1989-92), is a member of eight professional societies, and serves as referee or consultant to thirty-six scientific journals, eighth publishers, and four national science foundations.


Reviews 1

Choice Review

Gardner's book is an undergraduate-level text intended for use primarily by business and economics students; it presupposes some background in economics (the author recommends one year's preparation) and college-level mathematics (finite mathematics and calculus are recommended). Game theory can be taught using the theorem-proof method of instruction; Gardner chooses to teach rather by example. Numerous real-world examples are used in explaining each concept, and some laboratory experiments (with students as subjects) are also reported and explained. Of special note are the clear and instructive graphics used to represent many situations. Some of the more interesting material in the book is found in the appendixes to the various chapters. If the reader has an interest in common games like poker and blackjack, there is an appendix detailing them in game theoretic terms. Experiments and the nature of rules also garner numerous appendixes. Readers already familiar with game theory will recognize applications that cover bounded rationality, principal-agent problems, signaling problems, mixed strategies, noncooperative games, and auctions. Undergraduate collections. B. P. Keating; University of Notre Dame


Table of Contents

Basic Game Theory
Two-Person Games
Mixed Strategies and Mixed Strategy Equilibrium
n -Person Games in Normal Form
Noncooperative Market Games in Normal Form
Games With Sequential Structure
Credibility and Subgame Perfect Equilibrium
Repeated Games
Evolutionary Stability and Bounded Rationality
Games with Imperfect Information
Signaling Games and Sequential Equilibrium
Games Between a Principal and an Agent
Auctions
Games Involving Bargaining
Two-Person Bargains
Arbitration
n -Person Bargaining and the Core
Games, Markets, and Politics
Two-Sided Markets and Matching Games
Voting Games
Suggestions for Further Readings
Games List
Index