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The Complete Idiot's Guide to Game Theory
book

The Complete Idiot's Guide to Game Theory

by Edward C. Rosenthal
March 2011
Beginner
384 pages
9h 1m
English
Alpha
Content preview from The Complete Idiot's Guide to Game Theory

Chapter4

Nonzero Sum Games

In This Chapter

  • Understanding the benefits of studying nonzero sum games
  • Identifying nonzero sum equilibria
  • Computing strategy mixes and payoffs
  • Eliminating nonsensical equilibria

Our species has been able to create an astonishing amount of stuff in the space of just a few thousand years. But not all of this productivity can be explained by the notion of zero sum and its fixed pie.

Many human interactions benefit from a synergy in which different people bring together complementary resources and skills with the result being more than the sum of the parts. Consider a simple market: you have a surplus of wheat and I ...

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Publisher Resources

ISBN: 9781615640553