March 2011
Beginner
384 pages
9h 1m
English
Content preview from The Complete Idiot's Guide to Game Theory
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Chapter1
What Exactly Is Game Theory?
In This Chapter
- What game theory is (and isn’t)
- A few basic games
- How to begin solving games
- The keys to game theory
Game theory is a mathematical approach to real-life situations that involves two or more decision makers. Each decision maker—you, for example—has a number of different actions available, and the ultimate outcome depends not only on your action but also on what the others do. As a consequence, the decision makers are forced to think strategically, and it is this feature that gives game theory its intrigue. In this chapter I introduce you to the basic game theory concepts you’ll need to know. ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.