Game Theory and Applications
Description
This textbook provides an overview of the fundamentals of game theory and its applications in various fields. It introduces game theory as an established toolkit for the mathematical analysis and evaluation of strategic decisions. Through applied exercises, it introduces the basic concepts of game theory and offers students from various disciplines the opportunity to practice the concepts through in-depth training.
The textbook addresses advanced students of economics, business administration, and related disciplines, university graduates with basic mathematical training as well as interested readers from all fields. For this, it provides student-friendly explanations, a variety of exercises and problems, and useful references to further reading. The book is divided into a beginner-friendly theory section, in which the most important aspects are presented in a compact and clear manner, and an application-oriented problem section, in which the readers can directly check what they have learned and find many application examples. The latter can also be used as a source of inspiration for instructors.
Reviews / Votes
"This book is a scholarly guide to unraveling the complexities of game theory with a sense of intellectual rigor and accessibility. . This book serves as a gateway to understanding the significance of game theory in our daily lives. The authors offer a systematic approach to traverse the complexities of game theory, making it accessible even to those without an extensive background in mathematical theory." (George Stoica, zbMATH 1570.91001, 2026)
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Persons
Florian W. Bartholomae is Professor of Economics at Munich Business School (Germany), Associate Professor at the Bundeswehr University Munich (Germany), and Lecturer at IMC University of Applied Sciences Krems (Austria).
Marcus Wiens holds the Chair for Business Economics (i.e., Innovation and Risk Management) at the Technical University Freiberg, Germany. He is Principal Investigator at the Institute for Information Security and Reliability (KASTEL) at the Karlsruhe Institute of Technology (KIT) and Research Fellow at Virginia Tech (USA).
Content
Theory.- Decision Theory.- Basic Concepts.- Multistage Game.- Repeated Games.- Incomplete Information.- Problems.- Methodology.- Industrial Economics Application Examples.- Public Finance Application Examples.- Military Application Examples.- Miscellaneous Application Examples.