Introduction to Game Theory in Business and Economics by Thomas J. Webster (Engl

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

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Format Paperback

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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 textbook introduces students to the basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications.

Publisher 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.

Author Biography

Thomas J. Webster

Details ISBN 0765622378 ISBN-13 9780765622372 Title Introduction to Game Theory in Business and Economics Author Thomas J. Webster Format Paperback Year 2009 Pages 424 Publisher Taylor & Francis Ltd GE_Item_ID:158184517; About Us

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