Insights into Game Theory: An Alternative Mathematical Experience

Game theory has impacted the social sciences more than many other mathematical fields. It has recently evolved into a crucial instrument for all social scientists researching the competitive strategies of people, businesses, and nations. However, students with only a basic comprehension of mathematics frequently find the mathematical intricacy of game theory to be highly scary. This issue is addressed in Insights into Game Theory by giving students a grasp of the fundamental ideas and principles of game theory without the need for formal mathematical notation. The authors explore four separate game theory subfields using four very diverse problems (college admission, social justice, and majority voting, coalitions and cooperative games, and a Talmudic bankruptcy crisis). The end result is an engaging introduction to game theory and its growing significance in the social sciences.