Publisher's Synopsis
"One of the best decision making and game theory books of all time." -Reid Hoffman, LinkedIn founder
GAME THEORY 101: An accessible, light-hearted exploration of game theory-what it is, why it's important, and how it can help us in our daily lives.
Game theory is the mathematical formalization of interactive decision-making-it assumes that each player's goal is to maximize his/her benefit, whatever it may be. Players may be friends, foes, political parties, states, or any entity that behaves interactively, whether collectively or individually. But it's very hard to know what would benefit the other players-and some of us are not even clear about our own goals or what might benefit us.
In Gladiators, Pirates, and Games of Trust, Haim Shapira shares humorous anecdotes and insightful examples to explain how Game theory affects our daily lives, and how the different interactions between decision-makers can play out. In this book, you will:
Meet Nobel Laureate John F. Nash and familiarize yourself with Nash equilibrium
Learn the basic ideas of the art of negotiation
Visit the gladiators' ring and apply for a coaching position
Build an airport and divide inheritance
Issue ultimatums and learn to trust
Review every aspect of the prisoner's dilemma and learn about the importance of cooperation
Learn how statistics bolster lies
And much more!
Not since Avinash Dixit's The Art of Strategy has an author attempted to teach a general audience the deeply practical and intriguing truths about game theory.
