A_Course_in_Game_Theory_-_Martin_J._Osborne 18

A_Course_in_Game_Theory_-_Martin_J._Osborne 18 - Page 2...

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Page 2 ical; in principle a book could be written that had essentially the same content as this one and was devoid of mathematics. A mathematical formulation makes it easy to define concepts precisely, to verify the consistency of ideas, and to explore the implications of assumptions. Consequently our style is formal: we state definitions and results precisely, interspersing them with motivations and interpretations of the concepts. The use of mathematical models creates independent mathematical interest. In this book, however, we treat game theory not as a branch of mathematics but as a social science whose aim is to understand the behavior of interacting decision-makers; we do not elaborate on points of mathematical interest. From our point of view the mathematical results are interesting only if they are confirmed by intuition. 1.2 Games and Solutions A game is a description of strategic interaction that includes the constraints on the actions that the players can take and the players' interests, but does not specify the actions that the players
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