Game theory has become increasingly popular among undergraduate as well as business school students. This text is the first to provide both a complete theoretical treatment of the subject and a variety of real-world applications, primarily in economics, but also in business, political science, and the law. Strategies and Games grew out of Prajit Dutta's experience teaching a course in game theory over the last six years at Columbia University. The book is divided into three parts: Strategic Form Games and Their Applications, Extensive Form Games and Their Applications, and Asymmetric Information Games and Their Applications. The theoretical topics include dominance solutions, Nash equilibrium, backward induction, subgame perfect equilibrium, repeated games, dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, and signaling. An appendix presents a thorough discussion of single-agent decision theory, as well as the optimization and probability theory required for the course. Every chapter that introduces a new theoretical concept opens with examples and ends with a case study. Case studies include Global Warming and the Internet, Poison Pills, Treasury Bill Auctions, and Final Jeopardy. Each part of the book also contains several chapter-length applications including Bankruptcy Law, the NASDAQ market, OPEC, and the Commons problem. This is also the first text to provide a detailed analysis of dynamic strategic interaction.
Beautifully written...A compulsive read (Samuel Brittan, Financial Times )
A Washington Post Politics 'Must Read' (Steven Levingston )
(1)Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's new Introduction for this edition both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."
How Much is Enough?: Money and the Good Life 
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(2)As in his previous book, the best-selling Predictably Irrational, the experiments Ariely describes generate entertaining and often counterintuitive insights. . . . The result is more than just a handbook for business managers or a collection of snippets to relay at cocktail parties. . . . [D]eciding how to apply his insights is a pleasure that lingers long after the book is finished. --New York Times Book Review
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(1)Few other economists have been read and cited as much as R.H. Coase, a scholar who approached economics as a philosopher: with contemplation, careful scrutiny of real conditions and consideration of the practical implications of theory. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."--Lewis A. Kornhauser, Journal of Economic Literature
The Korean economy has achieved unprecedented growth over the last three decades. But the state-led development strategy that generated this impressive economic performance has also created major problems that include an undue concentration of economic power, inadequate social services, and strained industrial relations. If Korea is to achieve its goals of an advanced economy and a unified nation, a new vision for the Korean economy is imperative. An Agenda for Economic Reform in Korea looks at Korea's economic problems from the perspective of the American experience with economic reforms—and in doing so sheds new light on the problems of economic reform facing nations all over the world. From this truly international outlook, the authors examine such issues as corporate governance, social welfare, labor relations, and other pressing challenges—and suggest a new vision for the Korean economy in the twenty-first century. The expert contributors reveal why
