The Art of Strategy: A Game Theorist's Guide to Success in Business and Life

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Format: Paperback
Pub. Date: 2010-01-04
Publisher(s): W. W. Norton & Company
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Customer Reviews

Wonderful!  April 23, 2011
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I was interested in finding out the basics of game theory to determine if I wanted to learn more about it and this textbook was perfect for that purpose. It teaches you to optimize your outcome from a mathematical logic. This cheap textbook is designed to be read and understood easily.






The Art of Strategy: A Game Theorist's Guide to Success in Business and Life: 5 out of 5 stars based on 1 user reviews.

Summary

Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world.

Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.

“I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment.”-Steven Levitt

"It is an easy read and is written in a lively tone-which is not something I particularly recall from my lectures in the 1980s. Long live economics!" -John Burns, The Times Higher Education

"Unlike most of the ranks of management advice books which pad out bookshop business sections, here is one which is rigorous, fun and extremely useful all at the same time." -The Economist

Author Biography

Avinash K. Dixit is the John J. F. Sherrerd '52 University Professor of Economics at Princeton University. Barry J. Nalebuff is the Milton Steinbach Professor at the Yale School of Management. They are the coauthors of Thinking Strategically, an International bestseller

Table of Contents

Prefacep. ix
Introduction: How Should People Behave in Society?p. xv
Ten Tales of Strategyp. 3
Games Solvable by Backward Reasoningp. 32
Prisoners' Dilemmas and How to Resolve Themp. 64
A Beautiful Equilibriump. 102
Epilogue to Part Ip. 137
Choice and Chancep. 141
Strategic Movesp. 173
Making Strategies Crediblep. 201
Epilogue to Part II: A Nobel Historyp. 229
Interpreting and Manipulating Informationp. 235
Cooperation and Coordinationp. 270
Auctions, Bidding, and Contestsp. 301
Bargainingp. 335
Votingp. 359
Incentivesp. 386
Case Studiesp. 409
Further Readingp. 443
Workoutsp. 447
Notesp. 457
Indexp. 473
Table of Contents provided by Ingram. All Rights Reserved.

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