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This book on game theory introduces and develops the key concepts with a minimum of mathematics. Students are presented with empirical evidence, anecdotes and strategic situations to help them apply theory and gain a genuine insight into human behaviour. The book provides a diverse collection of examples and scenarios from history, literature, sports, crime, theology, war, biology, and everyday life. These examples come with rich context that adds real-world meat to the skeleton of theory. Each chapter begins with a specific strategic situation and is followed with a systematic treatment that gradually builds understanding of the concept.--

Environmental decision-making in offshore oil and gas (OOG) operations can be extremely complex due to conflicting objectives or criteria, availability of vague and uncertain information, and interdependency among multiple decision-makers. Most existing studies ignore conflicting preferences and strategic interactions among decision-makers. This paper presents a game theoretical approach to solve multi-criteria conflict resolution problem under constrained and uncertain environments. Uncertainties in the quantification of imprecise data are expressed using rough numbers. A multi-criteria game is developed to model a decision problem in which three groups of decision-makers (i.e., operators, regulators and service engineers) are involved. This game is solved using the generalized maximin solution concept. With the solution (i.e., optimal weights of the criteria), the rough numbers can be aggregated to an expected payoff for each alternative. Finally, the weights of upper and lower limits of a rough number are employed to transform the expected payoff into a crisp score, based on which all alternatives are ranked to identify the best one. A numerical example is outlined to demonstrate the application of the proposed method to the selection of management scenarios of drilling wastes.

Establishes a grey matrix game model based on pure and mixed strategies. This work proposes the concepts of grey saddle points, grey mixed strategy solutions, and their corresponding structures and also puts forward the models and methods of risk measurement and evaluation of optimal grey strategies

Decision making in real estate development projects has generally undergone a number of important changes over the last decades. This transition represented a shift from governmentally dominated top-down spatial planning to bottom-up, public-private engagement schemes in real estate development (Tam et al. 2009). The new policy implies pluricentric network steering – in which several public and private parties play a role – instead of traditional hierarchical top-down governmental steering.

Michel Grabisch has fully succeeded in transforming his deep knowledge of the field into a very rich and quite readable text. Professor Denis Bouyssou, Université Paris Dauphine This monograph provides a much-needed perspective on a rich collection of structural properties of set functions which have been investigated for more than 60 years, but which have never been collected in a single volume. By establishing these results in a clear and rigorous mathematical framework, the author makes them accessible to a broad audience. His book should rapidly become a classic reference in the field. Professor Yves Crama, University of Liège and HEC Liège This book is an excellent compendium of technical notions pertaining to set functions, that are relevant in uncertainty management, game theory, and multicriteria decision-making. It will be a very useful companion to any student or researcher willing to investigate these fields beyond standard probability theory and simple additive methods. Professor Didier Dubois, IRIT, Université Paul Sabatier, Toulouse In this book, written by a leading scholar, the readers can finally find a unified and comprehensive study of set functions. It is a much needed, beautiful, book that will be most useful to the cognoscenti, who will appreciate its depth and breadth, as well as to the readers who desire to learn about this fundamental topic. Professor Massimo Marinacci, Università Bocconi Nonadditive set functions are used in many optimization and decision theories (uncertain, fuzzy, multi-criteria, strategic, AI, combinatorial, statistical, ...), many developing the same results independently. The only person knowing all these fields brought it all together and improved it brilliantly in this well-focused book. It is a must for anyone using set functions. Professor Peter P. Wakker, Erasmus University Rotterdam.

This book discusses collective decision making from the perspective of social choice and game theory. The chapters are written by well-known scholars in the field. The topics range from Arrow's Theorem to the Condorcet and Ostrogorski Paradoxes, from vote distributions in the European Council to influence processes and information sharing in collective decision making networks; from cardinal utility to restricted domains for social welfare functions; from rights and game forms to responsibility in committee decision making; and from dueling to bargaining. The book reflects the richness and diversity of the field of collective decision making and shows the usefulness and adequacy of social choice and game theory for the study of it. It starts with typical social choice themes like Arrow's Theorem and ends with typical game theoretical topics, like bargaining and interval games. In between there is a mixture of views on collective decision making in which both social choice and game theoretic aspects are brought in. The book is dedicated to Harrie de Swart, who organized the well-known Social Choice Colloquia at the University of Tilburg in the Netherlands.

"Making Better Decisions introduces readers to some of the principal aspects of decision theory, and examines how these might lead us to make better decisions.[bullet] Introduces readers to key aspects of decision theory and examines how they might help us make better decisions[bullet] Presentation of material encourages readers to imagine a situation and make a decision or a judgment[bullet] Offers a broad coverage of the subject including major insights from several sub-disciplines: microeconomic theory, decision theory, game theory, social choice, statistics, psychology, and philosophy[bullet] Explains these insights informally in a language that has minimal mathematical notation or jargon, even when describing and interpreting mathematical theorems[bullet] Critically assesses the theory presented within the text, as well as some of its critiques[bullet] Includes a web resource for teachers and students"--

Decision making in real estate development projects has generally undergone a number of important changes over the last decades. This transition represented a shift from governmentally dominated top-down spatial planning to bottom-up, public-private engagement schemes in real estate development (Tam et al. 2009). The new policy implies pluricentric network steering – in which several public and private parties play a role – instead of traditional hierarchical top-down governmental steering.