The Art of Strategy: A Game Theorist's Guide to Success in Business and Life »

Avinash K. Dixit is John J.F. Sherrerd University Professor of Economics at Princeton University, where he offers his popular freshman course in game theory. He is among the world’s leading economists, having made fundamental contributions in several major fields, including Game Theory. He is world famous. He is the author of many books, including Thinking Strategically (Norton, 1991), Investment Under Uncertainty (Princeton UP, 1994), and The Art of Strategy (Norton, 2009).

Barry J. Nalebuff is the Milton Steinbach Professor at the Yale School of Management. Nalebuff applies game theory to business strategy and is the co-founder of one of America's fastest-growing companies, Honest Tea.

“I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment.”—Steven Levitt

Introduction How Should People Behave in Society?

Part I

1 Ten Tales of Strategy 3

2 Games Solvable by Backward Reasoning 32

3 Prisoners' Dilemmas and How to Resolve Them 64

4 A Beautiful Equilibrium 102

Epilogue to Part I 137

Part II

5 Choice and Chance 141

6 Strategic Moves 173

7 Making Strategies Credible 201

Epilogue to Part II: A Nobel History 229

Part III

8 Interpreting and Manipulating Information 235

9 Cooperation and Coordination 270

10 Auctions, Bidding, and Contests 301

11 Bargaining 335

12 Voting 359

13 Incentives 386

14 Case Studies 409

Further Reading 443

Workouts 447

Notes 457

Index 473