Title
Game Theory For Applied Economists
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An Introduction To One Of The Most Powerful Tools In Modern Economicsgame Theory For Applied Economists Introduces One Of The Most Powerful Tools Of Modern Economics To A Wide Audience: Those Who Will Later Construct Or Consume Gametheoretic Models. Robert Gibbons Addresses Scholars In Applied Fields Within Economics Who Want A Serious And Thorough Discussion Of Game Theory But Who May Have Found Other Works Too Abstract.Gibbons Emphasizes The Economic Applications Of The Theory At Least As Much As The Pure Theory Itself; Formal Arguments About Abstract Games Play A Minor Role. The Applications Illustrate The Process Of Model Buildingof Translating An Informal Description Of A Multiperson Decision Situation Into A Formal Gametheoretic Problem To Be Analyzed. Also, The Variety Of Applications Shows That Similar Issues Arise In Different Areas Of Economics, And That The Same Gametheoretic Tools Can Be Applied In Each Setting. In Order To Emphasize The Broad Potential Scope Of The Theory, Conventional Applications From Industrial Organization Have Been Largely Replaced By Applications From Labor, Macro, And Other Applied Fields In Economics.The Book Covers Four Classes Of Games, And Four Corresponding Notions Of Equilibrium: Static Games Of Complete Information And Nash Equilibrium, Dynamic Games Of Complete Information And Subgameperfect Nash Equilibrium, Static Games Of Incomplete Information And Bayesian Nash Equilibrium, And Dynamic Games Of Incomplete Information And Perfect Bayesian Equilibrium.
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- Q: What is the size of the book? A: The book measures six point fourteen inches in length, zero point sixty-four inches in width, and nine point twenty-one inches in height.
- Q: How many pages does the book have? A: The book contains two hundred eighty-eight pages, providing a comprehensive introduction to game theory.
- Q: What type of binding does the book have? A: The book is available in paperback binding, making it lightweight and easy to handle.
- Q: What is the main focus of this book? A: This book focuses on applying game theory to real-world economic scenarios, aimed at applied economists.
- Q: Who is the author of the book? A: The author of the book is Robert Gibbons, a recognized scholar in game theory and economics.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is designed for those new to game theory, providing accessible explanations and applications.
- Q: How can I apply the concepts in this book? A: You can apply the concepts by translating informal decision-making situations into formal game-theoretic models as discussed in the book.
- Q: Is this book suitable for advanced studies in economics? A: Yes, while it is beginner-friendly, it also offers depth that can benefit advanced scholars in applied economics.
- Q: Are there exercises or problems in this book? A: No, the book primarily focuses on theoretical discussions and applications rather than problems or exercises.
- Q: What is the best way to store this book? A: Store the book in a cool, dry place on a shelf to prevent damage and preserve its condition.
- Q: How should I clean this book if it gets dirty? A: To clean the book, gently wipe the cover with a dry cloth; avoid using water or cleaners directly on pages.
- Q: Does this book contain any illustrations or graphs? A: Yes, the book includes illustrations and graphs to help clarify the concepts discussed.
- Q: What type of audience is this book aimed at? A: The book is aimed at scholars and students in applied economics, particularly those interested in game theory.
- Q: Can I return the book if I am not satisfied? A: Yes, return policies may vary by retailer, but most allow returns if the book is in original condition.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact the retailer for a replacement or refund as per their policy.
- Q: Is there a warranty on this book? A: No, books typically do not come with a warranty, but retailers may offer return options.