New- Chapter on General Assumptions and Methodology : This added chapter provides an overview of how mathematical models can be used to predict how people will behave in strategic situations. New- Guided Exercises Game theory is best mastered by problem solving, and Strategy, Second Edition, has numerous end-of-chapter exercises. A "guided exercise" has been added to each chapter to help students understand how to approach and work through problems. New- Topics for Political Economists and Political Scientists : This Second Edition includes new sections on the median voter theorem and candidates’ equilibrium policy locations, strategic voting, multilateral bargaining in legislatures over proposals and amendments to new laws, and information aggregation and jury deliberations. More on Contracting and Contract Enforcement : A wide range of interesting strategic behaviour relates to the formation and enforcement of contracts, and Strategy.
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Joel Watson is Professor of Economics at the University of California, San Diego. He received his BA from UCSD and his PhD from Stanford. Watson is one of the top game theorists of his generation, and his work has been published in a variety of leading journals, including The American Economic Review, Econometrica, Journal of Economic Theory.
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