Ebook , by Presh Talwalkar
Ebook , by Presh Talwalkar
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, by Presh Talwalkar
Ebook , by Presh Talwalkar
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Product details
File Size: 1850 KB
Print Length: 155 pages
Simultaneous Device Usage: Unlimited
Publisher: Presh Talwalkar; 2 edition (December 10, 2013)
Publication Date: December 10, 2013
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B00H69CQ4Q
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Amazon Best Sellers Rank:
#33,680 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Lots of real life application and sound advice from a game theory perspective. I used this book to create a simple introduction designed for high school students, and the first half worked very well. The second half of the book, however is more random, and doesn't follow easily from section to section. Nevertheless, this is a great general read with lots to learn.
Presh Talwalkar's "Joy of Game Theory" is an entertaining and very easy read. The strength of the book is the number and variety of examples from everyday life. An excellent way indeed to drive the points home and underscore their practical relevance. Presh peppers the narrative with anecdotes from his own life, which makes you feel you already know him before having met him! He does not like spicy food!!For me, three take-home lessons here . First, how the Talmud recommends splitting a given sum of money among claimants (actually a generalization). Two principles at work here. One is equalizing the % of amount paid to amount owed (this is when the total amount to pay out is relatively small - actually less than the amount such that the smallest claimant gets 50% when it is split equally among the claimants). The second is to equalize the unpaid amount (difference between amount owed and amount paid) when the amount to pay out is larger. The second is the Braess Paradox which has to do with the fact that having more roads may not reduce but actually increase traffic. In essence, this is because a fast route for one person is a fast route in everyone's eyes, which means a very slow route when everyone takes that route. The third point is to model jealousy as the difference in payoffs between players.
It's a nice a simplified approach to game theory. Too basic for my taste but interesting nonetheless. It's a good starter book for those wanting to get the gist of game theory.In the end of the book he provided very good sources for those wanting to go deeper with game theory.Nice and easy read for entertainment purposes.
We are using this book at my job to strategically work with clients. It’s opened us up to a new way to view all situations.
An amazing book by Presh Talwalkar. Explains the difficult concepts of Game Theory in a very a simple way. No matter what your level of expertise, you can learn something from this book. The author keeps you engaged throughout the book. Read cover to cover in 3 days. Some of my favorite topics/chapters were-i) South West Airlines makes $144 Millionii) 4 tips for winning the game of chickeniii) Credible threatsiv) The ultimatum gamev) The dollar auction game
I enjoy this book very much! It is the easiest way to have a peek over Game Theory, in particulars through those examples of its application over real-life situations. This book is highly recommended!
This is a pretty good overview of Game Theory. It's a bit lacking in detail but a decent book to give a feel for what Game Theory is about.
A very simple introduction to game theory... which is exactly what I needed! I'll be continuing to watch the free online Yale course on Game Theory and will also read "Thinking Strategically" to try and get the most out of this subject for me.
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