Theory of Games and Economic Behavior: 60th Anniversary Commemorative Edition (Hardcover)

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Description


This is the classic work upon which modern-day game theory is based. What began as a modest proposal that a mathematician and an economist write a short paper together blossomed, when Princeton University Press published Theory of Games and Economic Behavior. In it, 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.

Product Details
ISBN: 9781777257309
ISBN-10: 1777257301
Publisher: Golden Keys Success
Publication Date: June 12th, 2020
Pages: 660
Language: English