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Ken Binmore's previous game theory textbook, Fun and Games (D.C. Heath, 1991), carved out a significant niche in the advanced undergraduate market; it was intellectually serious and more up-to-date than its competitors, but also accessibly written. Its central thesis was that game theory allows us to understand many kinds of interactions between people, a point that Binmore amply demonstrated through a rich range of examples and applications. This replacement for the now out-of-date 1991 textbook retains the entertaining examples, but changes the organization to match how game theory courses are actually taught, making Playing for Real a more versatile text that almost all possible course designs will find easier to use, with less jumping about than before. In addition, the problem sections, already used as a reference by many teachers, have become even more clever and varied, without becoming too technical. Playing for Real will sell into advanced undergraduate courses in game theory, primarily those in economics, but also courses in the social sciences, and serve as a reference for economists.
This text investigates the application of game theory as a rigorous framework for understanding complex human interactions. Author Ken Binmore, a prominent economist, utilizes his extensive academic background to present a modernized approach to strategic decision-making. The book argues that game theory serves as a versatile tool for analyzing social and economic behavior, providing a structured methodology that bridges theoretical modeling with practical, real-world scenarios.
What You Will Find
Experts recognize this work as a significant update to foundational game theory literature, noting its improved organizational structure for classroom use. Readers frequently highlight the balance between intellectual rigor and accessible prose, making it a standard reference for both students and professional economists.
Page Count:
639
Publication Date:
2007-01-01
Publisher:
Oxford University Press
ISBN-10:
0198041144
ISBN-13:
9780198041146
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