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Useful Game Theory
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Useful Game Theory : Fundamentals of Decision Making

2024 ed.

Book Details

Format Paperback / Softback
ISBN-10 3031751531
ISBN-13 9783031751530
Edition 2024 ed.
Publisher Springer International Publishing AG
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 11th, 2024
Print length 246 Pages
Weight 420 grams
Dimensions 23.40 x 15.40 x 1.90 cms
Ksh 5,050.00
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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.

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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