Pictorial cloth hardcover no dust jacket. 1980 484p. 9.50x8.50x1.25. Written especially for liberal arts students who do not require extensive mathematical training but who are intellectually curious about the subject.

Mathematically Speaking

Science & Math

Davis, Morton D.

Mathematics

Harcourt

This lively and practical introduction to the mathematics of money invites us to take a fresh look at the numbers that underpin our financial decisions. Morton D. Davis talks about strategies to use when we are required to bet against the odds (purchasing auto insurance) or choose to bet against the odds (wagering in a casino or at the track). He considers the ways in which we can streamline and simplify the choices available to us in mortgages and other loans. And he helps us understand the real probabilities when we accept a tip on that "one in a thousand" stock, even when the tip comes from a successful day trader. With a wealth of entertaining and counterintuitive examples, The Math of Money delights as well as informs, and will help readers treat their financial resources more rationally.

The Math of Money: Making Mathematical Sense of Your Personal Finances

Business & Money

Economics

Copernicus

Describes the basic principles of game theory in which behavior and interactions in the real world are analyzed and predicted in terms of mathematical or theoretical models and matrices

Game Theory

Basic Books

"A lucid and penetrating development of game theory that will appeal to the intuition . . . a most valuable contribution." — Douglas R. Hofstadter, author of Gödel, Escher, Bach The foundations of game theory were laid by John von Neumann, who in 1928 proved the basic minimax theorem, and with the 1944 publication of the Theory of Games and Economic Behavior, the field was established. Since then, game theory has become an enormously important discipline because of its novel mathematical properties and its many applications to social, economic, and political problems. Game theory has been used to make investment decisions, pick jurors, commit tanks to battle, allocate business expenses equitably — even to measure a senator's power, among many other uses. In this revised edition of his highly regarded work, Morton Davis begins with an overview of game theory, then discusses the two-person zero-sum game with equilibrium points; the general, two-person zero-sum game; utility theory; the two-person, non-zero-sum game; and the n-person game. A number of problems are posed at the start of each chapter and readers are given a chance to solve them before moving on. (Unlike most mathematical problems, many problems in game theory are easily understood by the lay reader.) At the end of the chapter, where solutions are discussed, readers can compare their "common sense" solutions with those of the author. Brimming with applications to an enormous variety of everyday situations, this book offers readers a fascinating, accessible introduction to one of the most fruitful and interesting intellectual systems of our time.

Game Theory: A Nontechnical Introduction (Dover Books on Mathematics)

Dover Publications

Hace unos cincuenta años, el matemático John con Neumann y el economista Oskar Morgenstern comprobaron que «los problemas clásicos del comportamiento económico se hacen estrictamente idénticos a las nociones matemáticas de determinados juegos de estrategia». El resultado de esa investigación desembocó en la creación de la t

Introducción a la teoría de juegos (El Libro Universitario. Ensayo) (Spanish Edition)

Alianza Editorial