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Introduction to Game Theory in Business and Economics 1st Edition by Thomas Webster ISBN 0765622378 9780765622372

Name: Introduction to Game Theory in Business and Economics 1st Edition by Thomas Webster ISBN 0765622378 9780765622372
SKU: EB-25116
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Authors:Thomas J. Webster , Series:Gaming [196] , Author sort:Webster, Thomas J. , Languages:Languages:eng , Published:Published:Oct 2018 , Publisher:M.E.Sharpe

SKU: EB-25116 Category: eBook PDF Tags: Business, Economics 1st, Game Theory, Thomas Webster.Introduction

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Introduction to Game Theory in Business and Economics 1st Edition by Thomas J. Webster – Ebook PDF Instant Download/Delivery. 0765622378, 978-0765622372
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ISBN 10: 0765622378
ISBN 13: 978-0765622372
Author: Thomas J. Webster

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.

Introduction to Game Theory in Business and Economics 1st Table of contents:

1. Introduction to Game Theory

2. Noncooperative, One-Time, Static Games with Complete Information

3. Focal-Point and Evolutionary Equilibria

4. Infinitely-Repeated, Static Games with Complete Information

5. Finitely-Repeated, Static Games with Complete Information

6. Mixing Pure Strategies

7. Static Games with Continuous Strategies

8. Imperfect Competition

9. Perfect Competition and Monopoly

10. Strategic Trade Policy

11. Dynamic Games with Complete and Perfect Information

12. Bargaining

13. Pure Strategies with Uncertain Payoffs

14. Torts and Contracts

15. Auctions

16. Dynamic Games with Incomplete Information

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