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The Art of Strategy: A Game Theorist's Guide to Success in Business and Life


Avinash K. Dixit and Barry J. Nalebuff



9780393062434
Retail Price: $27.95
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Format: Hardcover, 512pp.
ISBN: 9780393062434
Publisher: W. W. Norton
Pub. Date: July 7, 2008

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Item No: 9780393062434



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Description and Reviews
From The Publisher:

Game theory means rigorous strategic thinking. It's the art of anticipating your opponent's next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Are the winners of reality-TV contests instinctive game theorists? Do big-time investors see things that most people miss? What do great poker players know that you don't? Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.


 
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About the Authors

Avinash K. Dixit, of Princeton University, and Barry J. Nalebuff, of Yale University, are among the world's most accomplished game theorists. Nalebuff is the author of Why Not? and Co-opetition, and he has starred in two editions of ABC's Primetime on game theory. The authors live in Princeton, New Jersey, and New Haven, Connecticut.



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Table of Contents

 
Introduction How Should People Behave in Society?
Part I
1Ten Tales of Strategy
2Games Solvable by Backward Reasoning
3Prisoners' Dilemmas and How to Resolve Them
4A Beautiful Equilibrium
Epilogue to Part I
 
Part II
5Choice and Chance
6Strategic Moves
7Making Strategies Credible
Epilogue to Part II: A Nobel History
 
Part III
8Interpreting and Manipulating Information
9Cooperation and Coordination
10Auctions, Bidding, and Contests
11Bargaining
12Voting
13Incentives
 
14Case Studies
Further Reading
Workouts
Notes
Index



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