Competition: The Birth of a New Science

Front Cover
Macmillan, Jun 24, 2008 - Mathematics - 368 pages
0 Reviews

The Mathematical Theory of Games Sheds Light On A Wide Range of Competitive Activities

What do chess-playing computer programs, biological evolution, competitive sports, gambling, alternative voting systems, public auctions, corporate globalization, and class warfare have in common? All are manifestations of a new paradigm in scientific thinking, which James Case calls "the emerging science of competition." Drawing in part on the pioneering work of mathematicians such as John von Neumann, John Nash (of A Beautiful Mind fame), and Robert Axelrod, Case explores the common game-theoretical strands that tie these seemingly unrelated fields together, showing how each can be better understood in the shared light of the others. Not since James Gleick's bestselling book Chaos brought widespread public attention to the new sciences of chaos and complexity has a general-interest science book served such an eye-opening purpose. Competition will appeal to a wide range of readers, from policy wonks and futurologists to former jocks and other ordinary citizens seeking to make sense of a host of novel—and frequently controversial—issues.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Man Versus Machine
3
The Art and Science of Competition
15
Tree Games and Backward Induction
30
Models and Paradigms
51
TwoSided Competition
71
ManySided Competition
92
Competition in the Wild
115
Auctions
130
Competition in Financial Markets
145
Orthodox Economic Thought
176
Economic Competition
193
Heterodox Economic Thought
243
Spontaneous Cooperation
262
Copyright

Other editions - View all

Common terms and phrases

About the author (2008)

James Case is a freelance writer and management consultant, with a particular interest in the application of higher mathematics, notably game theory, to economics and various other fields. He holds a PhD in mathematics from the University of Michigan.

Bibliographic information