Authors:
- Revised and updated to provide over 100 worked-out exercises on game theory with detailed step-by-step explanations
- Presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for graduate level courses
- Includes new chapter on cheap talk games
- Emphasizes the economic principles behind each exercise and avoids unnecessary complex notation
- Ranks exercises according to difficulty for self-guided study
- Includes supplementary material: sn.pub/extras
Part of the book series: Springer Texts in Business and Economics (STBE)
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Table of contents (12 chapters)
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Front Matter
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Back Matter
About this book
The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics.
The second edition of the text has been revised to provide additional exercises at the introductory and intermediate level, expanding the scope of the book to be appropriate for upper undergraduate students looking to improve their understanding of the subject. The second edition also includes a new chapter devoted entirely to cheap talk games. Revised to appeal to a larger audience of instructors and students, this text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and graduate levels.
Authors and Affiliations
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School of Economic Sciences, Washington State University, Pullman, USA
Felix Munoz-Garcia
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School of Economics and Business, Universidad Tecnológica de Bolívar, Cartagena, Colombia
Daniel Toro-Gonzalez
About the authors
Daniel Toro-González is an Associate Professor in the School of Economic and Business at Universidad Tecnologica de Bolivar. His research is in industrial organization and econometrics, with applications to technology adoption, transportation, and the food industry. He receiveda Ph.D. in Economics from Washington State University in 2012. He has published in the Journal of Agricultural and Resource Economics, Journal of Agricultural and Food Industrial Organization, and The B.E. Journal of Macroeconomics.
Bibliographic Information
Book Title: Strategy and Game Theory
Book Subtitle: Practice Exercises with Answers
Authors: Felix Munoz-Garcia, Daniel Toro-Gonzalez
Series Title: Springer Texts in Business and Economics
DOI: https://doi.org/10.1007/978-3-030-11902-7
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-11901-0Published: 28 May 2019
eBook ISBN: 978-3-030-11902-7Published: 16 May 2019
Series ISSN: 2192-4333
Series E-ISSN: 2192-4341
Edition Number: 2
Number of Pages: XIII, 529
Number of Illustrations: 155 b/w illustrations, 219 illustrations in colour
Topics: Game Theory, Game Theory, Economics, Social and Behav. Sciences, Behavioral/Experimental Economics