Game theory classic

Author: [US] Harold W. Kuhn
Publisher:
Publish Date: 2004-11-01
Features: This book collects classic articles that have made fundamental contributions to this field since the publication of Game Theory and Economic Behavior by John von Neumann and Oskar Morgenstern (Princeton, 1944). Game theory was first given a rigorous formulation by von Neumann in his 1928 article and is a branch of mathematics and economics that serves as an important analytical tool for modeling competition and cooperation among individuals. The "heroic era" of this research began in the late 1940s and laid the foundation for modern theory. Over the past 15 years, game theory has become the mainstream model in economic theory and has made significant contributions to political science, biology, and international security research. The importance of game theory in economic theory is evidenced by the Nobel Prize in Economics awarded in 1994 to the pioneering game theorists John C. Harsanyi, John Nash, and Reinhard Selten. Their prize-winning research is all included in this book. Harold Kuhn himself made significant contributions to game theory through his reformulation of extensive games. This book selects 18 articles that have made core contributions to modern game theory. In every respect, they are of infinite value to researchers in game theory, as well as to students of economics, political science, and biology. This book selects 18 articles that have made core contributions to modern game theory. In every respect, they are of infinite value to researchers in game theory, as well as to students of economics, political science, and biology.