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Evolution - Theory of Games and Economic Behavior: 60th Anniversary Commemorative Edition (Princeton Classic Editions)

Description

Book Synopsis: This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, 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. This sixtieth anniversary edition includes not only the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles on the book that appeared at the time of its original publication in the New York Times, the American Economic Review, and a variety of other publications. Together, these writings provide readers a matchless opportunity to more fully appreciate a work whose influence will yet resound for generations to come.

Details

Looking to expand your knowledge in game theory and economic behavior? Look no further than the Theory of Games and Economic Behavior: 60th Anniversary Commemorative Edition. This timeless classic, published by Princeton University Press, is the foundation upon which modern-day game theory is built.

In 1944, John von Neumann and Oskar Morgenstern revolutionized economics with their groundbreaking mathematical theory outlined in this book. The insights provided by their theory of games of strategy have been widely used to analyze real-world phenomena across various disciplines, from arms races to optimal policy choices of presidential candidates and even major league baseball salary negotiations.

With this sixtieth anniversary edition, you not only gain access to the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles that were published in renowned publications such as the New York Times and the American Economic Review at the time of its original release. These additional resources offer readers a unique opportunity to delve deeper into the concepts presented in the book, ensuring a comprehensive understanding that will resonate for generations to come.

Expand your intellectual horizons and tap into the rich field of game theory by ordering the Theory of Games and Economic Behavior today. Don't miss out on this invaluable resource for economists, social scientists, and anyone interested in gaining a deeper understanding of economic and social organization. Experience the influence of this timeless classic that has shaped the way we perceive the world.

Order now and embark on a journey of knowledge and innovation.

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