Author:

Avinash K. Dixit and Barry J. Nalebuff

Full Title:

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

Synopsis:

This book offers a non-technical introduction to game theory and its practical applications. The authors demonstrate that strategic thinking requires anticipating the actions of others, who are likewise considering one's own potential moves. Drawing on examples from sports, politics, and business, the text illustrates how to analyze social interactions using models such as the Prisoner's Dilemma, bargaining, and auctions to identify optimal outcomes.