Introduction to Game Theory

This book serves as a comprehensive guide to game theory, exploring its application in economics and social sciences. Introduction to Game Theory is accessible and informative.

Game-theoretic reasoning is a fundamental component of economic theory and has found extensive application across various social and behavioral sciences. Introduction to Game Theory by Martin J. Osborne provides a comprehensive overview of the core principles of game theory, illustrating how these concepts can be utilized to analyze economic, social, political, and biological phenomena. This book is designed to make the main ideas behind game theory accessible, focusing more on the conceptual framework than on complex mathematical formulations.

The author meticulously defines all key concepts and employs logical reasoning throughout the text. While a basic understanding of mathematics is necessary, the book does not require any prior knowledge of economics, political science, or related fields. It covers a wide range of topics, including strategic games, extensive games with perfect information, and coalitional games. More advanced subjects such as Bayesian games and extensive games with imperfect information are also addressed, along with discussions on repeated games, bargaining theory, evolutionary equilibrium, rationalizability, and maxminimization.

Introduction to Game Theory is enriched with numerous illustrations drawn from social and behavioral sciences. Each topic is accompanied by practical examples that underscore theoretical concepts, along with visual aids that demonstrate the real-world applications of the theory. This approach not only enhances understanding but also emphasizes the relevance of game theory in various contexts.