Introduction to Game Theory in Business and Economics

"This innovative textbook introduces students to the rudimentary principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics will find the material in this text comprehensive and accommodating." "Demonstration Problems throughout each chapter are designed to enhance the student's understanding of the concepts presented. Many chapters include nontechnical applications designed to further the student's intuitive understanding of strategic behavior. Case Studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a Review, as well as Questions and Exercises. An online Instructor's Manual with test bank is available to professors who adopt this text."--BOOK JACKET.

Thomas J. Webster is a professor in the Department of Finance and Economics of the Lubin School of Business at Pace University in New York City.