Schelling's Game Theory: How to Make Decisions

Image of Schelling's Game Theory: How to Make Decisions
Author(s): 
Release Date: 
February 7, 2012
Publisher/Imprint: 
Oxford University Press
Pages: 
304
Reviewed by: 

“Schelling’s Game Theory gives readers an excellent Harvard game theory course by a renowned Nobel Prize winner through the eyes of his Boswell. This book is a must read for political scientists, economists, and anyone who has to make decisions of import.”

In Schelling’s Game Theory Robert Dodge tackles the ideas and lectures of Nobel Prize in Economics winner Thomas Schelling with insight and simplicity.

Game theory and in particular Schelling’s work, is part mathematics, part psychology, and part philosophy that shines a light on the decisions we make and the strategy behind them.

Mr. Dodge takes great care to share with us Schelling’s course while using examples from Dave Barry and Thomas Friedman, examples that make often erudite ideas more accessible to the lay reader.

Yet there is no watering down of the ideas of game theory even though mathematics was only a small part of Schelling’s course and is even less so here. The most complicated bit is the basic game theory 2x2 box and the book provides numerous and complete explanations of it here.

Schelling’s Game Theory gives readers an excellent Harvard game theory course by a renowned Nobel Prize winner through the eyes of his Boswell. This book is a must read for political scientists, economists, and anyone who has to make decisions of import.