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Introduction to Game Theory in Business and Economics Thomas J. Webster 9780765622372

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Description

Game theory is the study of strategic behavior in situations in which the decision makers are aware of the interdependence of their actions. This innovative textbook introduces students to the most basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics can readily understand most of the material.Demonstration problems in each chapter are designed to enhance the student's understanding of the concepts presented in the text. Many chapters include non-technical applications designed to further the student's intuitive understanding of strategic behavior. Case studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a review and questions and exercises. An online Instructor's Manual with test bank is available to professors who adopt the text.

Book Information
ISBN 9780765622372
Author Thomas J. Webster
Format Paperback
Page Count 424
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 739g

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