Theory of Games and Economic Behavior

Book arrived on time in good order brand new

Von Neumann and Morgenstern's book is widely recognized as the foundational text that established game theory as a formal discipline. At the time of its publication, it provided a groundbreaking framework for understanding strategic interactions, which was particularly relevant in the midst of World War II. The book's publication coincided with the rapid advancement of mathematical methods and the growing recognition of the importance of rational decision-making in economics, politics, and strategic planning.Key Contributions:The authors laid out a comprehensive mathematical framework for analyzing games, introducing concepts such as utility theory, equilibrium, and dominance. Their work provided a rigorous and systematic approach to modeling strategic interactions and decision-making under uncertainty. By formalizing the concepts of strategy, payoff, and rationality, Von Neumann and Morgenstern opened new avenues for studying a wide range of economic and social phenomena, from market competition and bargaining to conflict resolution and cooperation.Enduring Relevance:Despite being published nearly eight decades ago, "Theory of Games and Economic Behavior" continues to be highly relevant in contemporary research and real-world applications. The book's concepts and methodologies have provided the foundation for subsequent developments in game theory and have found widespread use in various disciplines, including economics, political science, computer science, and biology. The authors' insights into strategic behavior and rational decision-making remain central to understanding human interactions and predicting outcomes in complex social systems.

Way beyond my mathematical ability to comprehend. I should have done my research before purchasing.

Multiple pages are falling off on the first day it arrived - overall just very poor quality

No table of contents! Text is an unreadable jumble. Worthless.

You cannot enjoy this classic with such poor print quality. Hard to read mathematical symbols/formulae and blurry type makes the book useless. Sending it right back.

Based on preview. This is the book written by one of the best mathematicians, about VERY mathematical problem. Unfortunately, ALL FORMUALS ARE GARBLED OR MISSING!Mathematical book without mathematics? What for Amazon publishes such garbage?Shoud give 0 stars, but this is technically impossible

A must-read! Von Neumann was a man who was way beyond his time. Applied Mathematics and Economics are well thought-out in his book, with the proofs and logic displayed. Very good!