A Course in Game Theory Paperback – Jul 12 1994
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Martin Osborne and Ariel Rubinstein have made most of their theoretical contributions on the strategic side, and yet they devote a nice portion of the book to cooperative game theory. I recommend this book highly. It is beautifully done, and it recognized the importance of the cooperative theory.(Robert J. Aumann, Professor of Mathematics, The HebrewUniversity of Jerusalem)
About the Author
Martin J. Osborne is Professor of Economics at the University of Toronto, Canada.
Ariel Rubinstein is Professor of Economics at Tel Aviv University, Israel, and Princeton University.
Top Customer Reviews
The authors (like Myerson's "Game Theory" and unlike both Kreps and Fudenberg and Tirole's "Game Theory") cover both non-cooperative and cooperative game theory, with a nice balance.
Two topics not covered in other major texts are "Complexity Considerations In Repeated Games" (Chapter 9) and "Implementation Theory" (Chapter 10). The implementation theory chapter is a wonderful introduction to the topic, but is unfortunately limited to the perfect information case (mechanism design under imperfect information is covered by both Fudenberg-Tirole and Myerson.)
The only application of game theory to which the authors devote considerable space is bargaining (those who know the authors won't be surprised!) - and its treatment could have been a little less abstract.
In sum, it is a very good book that is not dominated by (nor dominates) any of its competitors cited above. If I were to teach a graduate game theory course, I would probably adopt it as the major text and supplement it with papers and parts of the other books.
However if you are like me and were looking for a strong book that will help a motivated individual learn game theory this book is not for you. I have tried many of the excersizes and I am still not positive that I my answers are correct. The material in the book is very complex but accessible, that is not the problem. The problem is the lack of development because I can not go over my answers to the excersizes and see what I did right and what I did wrong...
Osborne and Rubinstein write extremely well, softening the blows of some of the more complicated concepts. Their own substantial publication records in the Game Theory literature do much to recommend their version of analysis over others.
available to course instructors. I.e. the book is worthless for autodidactics.
Most recent customer reviews
This is considered one of the best books on Game Theory. Unfortunately, I disagree. Since the quality of English in the book is mostly in passive form, the readability is... Read morePublished on April 5 2009 by Ferdous B. Jalil
mathematic treatment on the subject is reasonable to describe the complexity of the Game-Theorectic study in understandable manner for beginners and intermediaries.Published on Aug. 23 2001 by Atlas at 365
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