Prag J Useful Game Theory Fundamentals of Decision Making 2024
General:
Name: Prag J Useful Game Theory Fundamentals of Decision Making 2024
Format: pdf
Size: 1.59 MB
Book:
Title: Useful Game Theory: Fundamentals of Decision Making
Author: Jay Prag, Amanda Ishak Prag
Language: angielski
Year: 2024
Subjects: Science & Technology, Activity & Game Books, Engineering, Engineering – General & Miscellaneous, Mathematics, Theories of Science, Game Theory & Study, Mathematical Programming & Operations Research, Game theory
Publisher: Palgrave Macmillan
ISBN: 9783031751547
Total pages: 256
Description:
Useful Game Theory offers a refreshing perspective on modern wisdom, empowering readers to master strategic decision-making with the tools they already possess.
Every decision you make involves an element of game theory, often without you even realizing it. In this insightful book, economist Jay Prag and marketing strategist Amanda Ishak Prag delve into the essence of human nature, transforming the mathematical principles of game theory into practical, everyday strategies. Through familiar proverbs and timeless wisdom, readers will explore how elements like reputation, biases, cooperation, and family dynamics influence our strategic interactions.
From navigating a four-way stop and choosing take-out dinners to understanding the complexities of nuclear disarmament, Useful Game Theory demonstrates how recognizing the structure of games-players, choices, and outcomes-can enhance decision-making in all aspects of life.
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