Susan Skeath

From the minds of renowned economists Avinash Dixit, Susan Skeath, and David McAdams comes the Sixth Edition of the most approachable game theory text, rooted in rigorous research and engaging examples. Assuming no prior knowledge of game theory—only a principles level of economic education—and exposure to only high-school level algebra, this book’s examples appeal to students of all different interests and experiences while maintaining an empirical approach. The new edition applies game theory to topics like digital currency and the politics of the war in Ukraine, and includes more thorough coverage of behavioral economics as well as new material on auction design.

Games of Strategy is beloved by students and instructors alike for its flexible organisation, focus on problem-solving and engaging and accessible examples from diverse fields, like political science, biology and business. The completely revised Fifth Edition adds the work of David McAdams, especially in the areas of market design and auction theory, and provides new insights into diverse applications, such as billion-dollar buy-outs, job offer negotiation, the Cuban Missile Crisis and collusion in the school milk market.