I think a basic overview of game theory should also discuss Pareto optimality to some extent. You can have 100% of participants operating in a locally-ideal way while still creating problems in aggregate.
I think think this must be why so many advanced level texts are couches in "introduction to..." language. Maybe it's a concession to not being able to cover every topic!
Because my own introduction was through combinatorial game theory, I always get excited to see some hackenbush diagrams and rarely do when the subject is mentioned.
Why Flip a Coin is a really great book about game theory. Easy to read, very little assumed knowledge, and lots of very interesting and counterintuitive examples and situations. Also, despite the introductory nature - still gets into the math in a rigorous way.
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[ 5.7 ms ] story [ 25.3 ms ] threadBecause my own introduction was through combinatorial game theory, I always get excited to see some hackenbush diagrams and rarely do when the subject is mentioned.
1) Game Theory: A Nontechnical Introduction by Morton Davis.
2) Behavioral Game Theory: Experiments in Strategic Interaction by Colin Camerer.