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Game Theory

Game theory is a theory dealing with the construction of rigorous models capable to describe situations of conflict and cooperation between rational decision makers. Traditionally, it serves as a foundation for decision-making in various disciplines, including economics, political campaigning, jury voting, auctions, procurement, negotiations. It points to actions that maximize some sort of payoff, subject to some constraints to be taken into account.

Theoretical minimum (in a nutshell)

To start reading this part, you should be already acquainted with the following areas of mathematics:

Concepts you will learn in this part of BookofProofs

| | | | created: 2014-02-20 22:19:50 | modified: 2020-06-13 11:56:26 | by: bookofproofs | references: [7837]

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Bibliography (further reading)

[7837] Tadelis, Steven: “Game Theory – an Introduction”, Princeton University Press, 2013