Theory of Games and Economic Behavior

Theory of Games and Economic Behavior
ISBN-10
8401848504
ISBN-13
9788401848506
Pages
660
Language
English
Published
2021-12-20
Publisher
Interbooks
Authors
John Von Neumann, Oskar Morgenstern

Description

John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.

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