Summary: Game theory is rapidly being established as one of the cornerstones of the social sciences. No longer confined to economics, each of the disciplines concerned with understanding the nature of society is embracing, or being embraced by, game theory. For game theorists, this is neither accidental nor surprising--it represents an opportunity to unify the social sciences by providing a foundation for a rational theory of society.
Game Theory is for those who ar ...show moree intrigued but baffled by these claims. While many people are put off by the technical demands of most introductions to game theory, this book shows that in the majority of cases this technical complexity is unnecessary. Requiring no more than basic arithmetic, it provides a careful and accessible introduction to the basic pillars of game theory.
The authors trace the intellectual origins of game theory and explain its philosophical premises. While never losing sight of how powerful an analytical tool game theory is, they also point out the intellectual limitations (as well as the philosophical and political implications) of the assumptions it depends on. Other topics covered include the theory of bargaining, the ``prisoner's dilemma,'' and using evolutionary approaches to overcome theoretical dead ends, which lead to some interesting ideas about social structures, history and morality. ...show less
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