Games and Information: An Introduction to Game Theory / Edition 2

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1994 Hard cover 2nd ed. Fine in fine dust jacket. Sewn binding. Cloth over boards. 375 p. Widely adopted in its first edition, this pathbreaking textbook has now been ... substantially enlarged and updated to reflect the increasing importance in economic research and teaching of non-cooperative game theory and information economics. There are two new chapters on non-cooperative games and entry deterrence and substantially revised material on, for exaple: * Auditing * Nuisance suits * Super-moduilarity * Market microstructure * Government procurement The second edition of Games and Informationm includes even more problems (with solutions) than before, making the book indispensable for advanced undergraduate and graduate students of game theory and microeconomics. Read more Show Less

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1994 Hard cover 2nd ed. Very Good. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. ... Sewn binding. Cloth over boards. 375 p. *****PLEASE NOTE: This item is shipping from an authorized seller in Europe. In the event that a return is necessary, you will be able to return your item within the US. To learn more about our European sellers and policies see the BookQuest FAQ section***** Read more Show Less

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1994 Hardcover Very good *****PLEASE NOTE: This item is shipping from an authorized seller in Europe. In the event that a return is necessary, you will be able to return your ... item within the US. To learn more about our European sellers and policies see the BookQuest FAQ section***** Read more Show Less

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1994 Hardcover Very Good with no dust jacket 1557865027. Name on front fly-leaf, otherwise text clean and tight; 1.3 x 9.9 x 6.8 Inches; 380 pages.

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Overview

What may be the most successful introductory game theory textbook ever written is now available in its fourth edition. Since it first published in 1989, successive editions have made its presentation ever more elegant, with incisive problem sets and applications.

Written in a crisp and approachable style, Games and Information, 4e uses simple modeling techniques and straightforward explanations to provide students with an understanding of game theory and information economics. The fourth edition brings this material completely up-to-date, adds new end-of-chapter problems and classroom games, and is accompanied by a comprehensive website, featuring problem Solutions and teaching notes: www.rasmusen.org/GI. With its emphasis on applications of game theory and information economics to a vast array of disciplines, Games and Information, 4e provides an accessible first course for students in backgrounds as diverse as economics, business, mathematics, and political science.

About the Author:
Eric Rasmusen is the Dan R. and Catherine M. Dalton Professor of Business Economics and Public Policy at Indiana University in Bloomington

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Editorial Reviews

Booknews
The author, a young applied theoretical economist who writes with sure command not only of his field but also of an engagingly crisp prose style, has produced a text intended to acquaint students and professionals with recent developments in the application of game theory, particularly in contexts where the players have asymmetric information. His method has been to "simplify" material presently confined mainly to journals, and his book is therefore largely non- redundant with titles already on the market. Thirteen chapters with many examples, exercises, notes and references, under three topical heads: "Game theory"; "Asymetric information"; "Applications". Good figures, extensive bibliography. NW Annotation c. Book News, Inc., Portland, OR booknews.com
From the Publisher
Praise for the 3rd edition

"Rasmusen’s Games and Information provides wonderful coverage of the basics of game theory and information economics. His consistent style of presenting the theoretical structures lucidly unifies his test’s wide and well-chosen range of applications. I wish that all my students could take a course based on this book, and envy them the opportunity."

Maxwell B. Stinchcombe, University of Texas at Austin

"This is a terrific book bringing together two strands in the recent literature on economic theory, namely game theory and the economics of asymmetric information. The style is brisk, the arguments are rigorous and it seems to be pitched at exactly the right level."

Partha Dasgupta, University of Cambridge

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Product Details

  • ISBN-13: 9781557865021
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 5/28/1994
  • Edition description: Older Edition
  • Edition number: 2
  • Pages: 379
  • Product dimensions: 7.08 (w) x 10.11 (h) x 1.31 (d)

Meet the Author

Eric Rasmusen is the Dan R. and Catherine M. Dalton Professor of Business Economics and Public Policy at Indiana University in Bloomington. In addition to Games and Information, he has edited Readings in Games and Information (Blackwell, 2001) and co-authored Measuring Judicial Independence: The Political Economy of Judging in Japan (2003).

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Table of Contents

Preface
Introduction 1
Pt. I Game Theory 7
1 The Rules of the Game 9
2 Information 35
3 Mixed and Continuous Strategies 67
4 Dynamic Games with Symmetric Information 93
5 Reputation and Repeated Games with Symmetric Information 121
6 Dynamic Games with Asymmetric Information 143
Pt. II Asymmetric Information 163
7 Moral Hazard: Hidden Actions 165
8 Topics in Moral Hazard 195
9 Adverse Selection 223
10 Signalling 249
Pt. III Applications 273
11 Bargaining 275
12 Auctions 293
13 Pricing 309
14 Entry 341
15 The New Industrial Organization 361
Appendix A: Answers to Odd-Numbered Problems 381
Appendix B: Mathematics 429
References and Name Index 441
Index
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