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Theory of Games and Economic Behavior

Theory of Games and Economic Behavior

Current price: $29.99
Publication Date: December 20th, 2021
Publisher:
Interbooks
ISBN:
9788401848506
Pages:
660
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Description

John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations.

And it is today established throughout both the social sciences and a wide range of other sciences.