Theory of Games and Economic Behavior

by John Von Neumann, Oskar Morgenstern

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This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this show more revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences. This sixtieth anniversary edition includes not only the original text but also an introduction by Harold Kuhn, an afterword by Ariel Rubinstein, and reviews and articles on the book that appeared at the time of its original publication in the New York Times, tthe American Economic Review, and a variety of other publications. Together, these writings provide readers a matchless opportunity to more fully appreciate a work whose influence will yet resound for generations to come. show less

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3 reviews
One of the titanic founding works of Game Theory. Requires an extensive background of mathematics to understand, but it is very comprehensive, covering many types of games (including a version of poker). Some significant advances have been made in the field after this was published (Nash, etc.) but still something worth reading if you can handle it.
Are you kidding, here is the man. Do kidz in skool knows'im, hellz nah. It is essential.

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27+ Works 1,232 Members
John von Neumann (1903-57) was one of the most important mathematicians of the twentieth century. His work included fundamental contributions to mathematics, physics, economics, and the development of the atomic bomb and the computer. He was a founding member of the Institute for Advanced Study in Princeton.
Picture of author.
11 Works 518 Members

Some Editions

Kuhn, Harold William (Introduction)
Rubinstein, Ariel (Afterword)

Awards and Honors

Common Knowledge

Original publication date
1944

Classifications

Genres
Economics, Nonfiction, General Nonfiction
DDC/MDS
330.015193Society, government, & cultureEconomicsJobs & Careers>Philosophy And PsychologyMathematics
LCC
QA269 .V65ScienceMathematicsMathematicsAlgebra
BISAC

Statistics

Members
442
Popularity
69,090
Reviews
2
Rating
½ (4.45)
Languages
English
Media
Paper, Ebook
ISBNs
13
ASINs
9