ENGLISH

Theory of Games and Economic Behavior

By John von Neumann , Oskar Morgenstern

Book information

Publisher
Princeton University Press
Year
1955
ISBN
0471911852, 9780471911852
Open Library ID
OL15054513M
Language
english
Format
DJVU
Filesize
6 MB (6444326 bytes)
Edition
3
Pages
666\666
Topic
Economy
Library
Kolxo3
DPI
300
Time added
2010-07-29 05:14:56

Description

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.

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