Introducing Game Theory
When should you adopt an aggressive business strategy? How do we make decisions when we don't have all the information? What makes international environmental cooperation possible?
Game theory is the study of how we make a decision when the outcome of our moves depends on the decisions of someone else. Economists Ivan and Tuvana Pastine explain why, in these situations, we sometimes cooperate, sometimes clash, and sometimes act in a way that seems completely random.
Stylishly brought to life by award-winning cartoonist Tom Humberstone, Game Theory will help readers understand behaviour in everything from our social lives to business, global politics to evolutionary biology. It provides a thrilling new perspective on the world we live in.
Dr Ivan and Dr Tuvana Pastine are American and Turkish university lecturers working in Ireland. They specialize in applications of game theory and have published jointly and separately on a wide variety of fields, analyzing coordinating advertising and price dynamics, political campaign financing, affirmative action in education, sovereign default, speculative attacks, labour migration and international trade.
Tom Humberstone is a comics artist and illustrator. He is the editor and publisher of UK comics anthology Solipsistic Pop and former cartoonist for New Statesman. His illustration clients include the Guardian, VICE, the Independent, Stylist, OUP, and many more.