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GAME THEORY: AN INTRODUCTION

Date Submitted: 09/10/2006 01:52:41
Category: / Business & Economy / Management
Length: 5 pages (1386 words)
Game Theory is mathematical analysis of competitive situations to identify choices that will lead to a desired outcome. Game theory began in the study of amusements, but it also applies to sociology, economics, and political and military science. The French mathematician Émile Borel, who wrote several papers on games of chance and theories of play, first explored aspects of game theory. Furthermore, Hungarian-American mathematician John von Neumann, in a series of papers …
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…John von Neumann. New York: Pantheon Books, 1992. Poundstone, William. Prisoner's Dilemma. New York: Anchor Books, 1993. Rapoport, Anatol. Two-Person Game Theory: The Essential Ideas. Ann Arbor: University of Michigan Press, 1966. Rapoport, Anatol and Albert M. Chammah. Prisoner's Dilemma: A Study in Conflict and Cooperation. Ann Arbor: University of Michigan Press, 1965. Ventzel, E.S. Lectures on Game Theory. Delhi: Hindustan Publishing, 1961. Von Neumann, John and Oskar Morgenstern. Theory of Games and Economic Behavior. Princeton: Princeton University Press, 1953.
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