Life Lessons from Game Theory
The Art of Thinking Strategically in a Complex World
Format:Hardback
Publisher:Headline Publishing Group
Publishing:21st May '26
£25.00
This title is due to be published on 21st May, and will be despatched as soon as possible.
Most of us have some idea about game theory. Concepts like zero-sum games and the prisoner's dilemma crop up in films, novels and casual conversation, often as shorthand for cut-throat competition or inevitable betrayal. But game theory, the science behind these ideas, is widely misunderstood. All too often it's seen solely as the science of conflict and greed. In fact, this field has a lot to teach us about how to make a better world. It shows us just what it takes to enable cooperation and mutual benefit.
This essential primer presents twenty one 'life lessons from game theory', which illustrate the key ideas in the field, and which are packed with real world examples: from overfishing in the Atlantic; to the Cuban Missile Crisis; to security measures at international airports; to advertising wars between major brands. This is a hopeful and practical book that highlights the value of game theory and provides a course correction for its integration into the real world.
This very readable book effortlessly covers a broad swath of core ideas in game theory, with a sprinkle of British humour. * EDITH ELKIND, Ginny Rometty Professor of Computer Science at Northwestern University *
People presenting game theory tend to fall into one of two camps. The one delves into its rather involved technical details, rendering it inaccessible to a broad public. The other offers lessons from of game theory in a way that doesn't make contact with the actual theory. Wooldridge's wonderful book does neither. It extracts key elements of game (and social choice) theory, presents them faithfully and yet accessibly, and describes their implications to real life in common sense terms. * YOAV SHOHAM, professor (emeritus), Stanford University *
In Life Lessons from Game Theory, Michael Wooldridge achieves the near-impossible: he explains the complex, strategic structures of our world with masterful beauty and simplicity of writing that is rare for such a deeply researched work. This book is indeed an essential guide for newcomers and even for experts to get a grasp of game theory and it is truly a brilliant contribution to the field. * MILIND TAMBE, Gordon McKay Professor of Computer Science at Harvard University *
ISBN: 9781035407408
Dimensions: unknown
Weight: unknown
336 pages