Schellings Game Theory: How to Make Decisions

Hardcover | February 21, 2012

byRobert V. Dodge

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Thomas Schelling, who wrote the foreword for this book, won the Nobel Prize in economics for "having enhanced our understanding of conflict and cooperation through game-theory analysis." This came after he had taught a course in game theory and rational choice to advanced students andgovernment officials for 45 years. In this book, Robert Dodge provides in language for a broad audience, the concepts that Schelling taught. Armed with Schelling's understanding of game theory methods and his approaches to problems, the general reader can improve daily decision making. Mathematics often make game theory challenging but was not a major part of Schelling's course and is even less of a factor in this book. Along with a summary of the material Schelling presented, included are problems from the course and similar less challenging questions. While considerable analysisis done with the basic game theory tool - the two-by-two matrix - much of the book is descriptive and rational decision-making is explained with stories. Chapter supplements are added to illuminate points presented by Schelling, including writings by Paul Krugman, Thomas Friedman, Steven Levitt, andothers.

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Thomas Schelling, who wrote the foreword for this book, won the Nobel Prize in economics for "having enhanced our understanding of conflict and cooperation through game-theory analysis." This came after he had taught a course in game theory and rational choice to advanced students andgovernment officials for 45 years. In this book, Rob...

Robert V. Dodge is author of The Strategist: The Life and Times of Thomas Schelling and is retired from 23 years of teaching social studies at the Singapore American School. He received a Master's degree in Public Administration from the John F. Kennedy School of Government at Harvard University.

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Format:HardcoverDimensions:304 pages, 6.42 × 9.41 × 0.98 inPublished:February 21, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199857202

ISBN - 13:9780199857203

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Table of Contents

Thomas C. Schelling: Foreword1. Thomas Schelling and His Signature Course on Strategic ThinkingPart One: The Schelling Approach to Strategic Thinking and Decision-Making2. Introduction to Strategic Thought3. Vicarious Thinking4. Game Theory5. The Two-By-Two MatrixPart Two: Strategies and Tactics6. Strategies Defined and Illustrated7. Tactics8. Self-CommandPart Three: Models as Metaphors For What Decisions Do9. Interaction Models10. The Dollar Auction11. Musical Chairs and Inescapable MathematicsPart Four: The Prisoner's Dilemma, Competition and Cooperation12. The Prisoner's Dilemma13. Cooperation14. CoordinationPart Five: Individual Decisions and Group Agreement15. Collective Choice and Voting16. The Commons and Fair Division17. Case Study, Overcoming Professional Basketball's Commons Dilemma: The Phil Jackson Story18. Critical Mass and Tipping19. Individual Decisions and Group Outcomes20. Randomization in Decision-MakingPart Seven: Case Study and Review21. Case Study, The Cuban Missile Crisis: Analysis and Review