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Title: Theory of Games and Economic Behavior by Oskar Morgenstern, John Von Neumann ISBN: 0-691-00362-9 Publisher: Princeton Univ Pr Pub. Date: 01 May, 1980 Format: Paperback Volumes: 1 List Price(USD): $39.95 |
Average Customer Rating: 4 (2 reviews)
Rating: 3
Summary: An Obvious Classic But . . .
Comment: Let me start out by acknowledging that this is THE BOOK that started Game Theory as it exists today. While Bayesian statistics are an obvious precursor, everyone agrees that von Neumann's and Morgenstern's work was ground breaking.
That said, this is not the best written Game Theory text out there. Like all seminal works, it suffers from the basic fact that we've learned a lot of new things since the time it was written. Many people have gone on to build and expand on the insights contained in this book, especially in the area of bargaining and cooperative game theory.
This is a very impressive book to keep on your shelf, and the discussion of poker and the role of bluffing is very interesting, but, owing largely to the 60+ years that have passed since its initial publication, it's not the best reference work or study material available.
Another word of warning: The review below is correct that the level of math that you must understand to fully appreciate this book is quite substantial. This book is more for the mathematically sophisticated who want to develop an appreciation for the origins of game theory.
Rating: 5
Summary: Landmark work but heavy going
Comment:
I'm not even sure I'm qualified to pass judgement on this book, but what I understand, I give 5 stars without hesitation. The authors discuss almost every class of game (2-person, 3-person, zero-sum, non-zero-sum, etc.) and even a very simplified version of poker.
You basically have to be a mathematician to get full value from this book. This book is absolutely full of equations and complex proofs. For a beginner with little math, I'd recommend Game Theory by Morton Davis, or for someone with some university math I'd recommend Games and Decisions by Luce and Raiffa. However, if your math is good, you might as well go straight to this book, which started the whole field of game theory.
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Title: Classics in Game Theory by Harold William Kuhn ISBN: 0691011923 Publisher: Princeton Univ Pr Pub. Date: 17 January, 1997 List Price(USD): $35.00 |
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Title: Games and Decisions : Introduction and Critical Survey by R. Duncan Luce, Howard Raiffa ISBN: 0486659437 Publisher: Dover Pubns Pub. Date: 01 April, 1989 List Price(USD): $14.95 |
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Title: Prisoner's Dilemma by William Poundstone ISBN: 038541580X Publisher: Anchor Pub. Date: 01 January, 1993 List Price(USD): $15.95 |
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Title: Game Theory : A Nontechnical Introduction by Morton D. Davis ISBN: 0486296725 Publisher: Dover Pubns Pub. Date: 10 July, 1997 List Price(USD): $9.95 |
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Title: The Complete Strategyst : Being a Primer on the Theory of Games of Strategy by J. D. Williams ISBN: 0486251012 Publisher: Dover Pubns Pub. Date: 01 May, 1986 List Price(USD): $9.95 |
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