Overview

The telecom war between Reliance Jio and Airtel was only a preamble to the impending battle between Google and Jio. Nitish Kumar broke the mahagathbandhan while seeming to try to bend RJD to his will. All the schmoozing between Trump and Xi hasn’t reduced the North Korean nuclear threat. Could we have predicted these outcomes before they actually happened? Yes we could have—not with IQ or EQ, but with ‘Game Theoretic Quotient’. A new intelligence, a new way of looking at the world. Game Sutra highlights the underlying strategic considerations of entities as diverse as heads of state, bitcoin miners and CEOs of internet companies to explain their decisive choices. Immerse yourself in its heady mix of cogent fact and smart analysis to develop your ‘game theoretic quotient’. Your world will never be the same again. 

Full Product Details

Author:   Rohit Prasad
Publisher:   SAGE Publications India Pvt Ltd
Imprint:   SAGE Publications India Pvt Ltd
Weight:   0.400kg
ISBN:  

9789353285722

ISBN 10:   9353285720
Pages:   308
Publication Date:   05 June 2019
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   To order  
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Preface Acknowledgements Game Theory Deconstructed Common Knowledge and Counter-Strikes How Rational Are You? Does Donald Trump Deserve the Nobel Peace Prize? Is Game Theory a Value-neutral Science? The Centre of Gravity: The Nash Equilibrium Returning to Rationality: The Prisoners’ Dilemma The Vulnerability of the Chinese Corridor Searching for an Equilibrium in the India–China Game War and Peace in the Heartlands of Maoism Is It Silly Season in Indian Telecom? Designing Legal Liability Rules to Fix Delhi’s Winter Woes Games Businesses Play The Airtel–Jio Battle and the Limitations of Game Theory Battles of the Bitcoin The Collective Action Problem of Assurance The Hapless Fate of an Alleged Spy Telecom on the Rocks with a Twist of IUC The NDA, the UPA and Two Types of Chicken The Tragedy of the Planet’s Environmental Wealth The Waters of Our Discontent Sequential Games and Rollback Equilibrium Reliance Jio’s Second-Mover Advantage The 2016 US Elections: The Game of Ideologies The Absolutism of Demonetization Risks Posed by the Insolvency and Bankruptcy Code Every Democracy Needs a Little Disloyalty The Fine Art of Making Threats Will Threats Work Against Pakistan? The RBI and the Flip Flop Finance Ministry Law and Order in a Time of Lynch Mobs How to Play Hardball and Get Away with It North Korea Is Not Really Cuba Exaggeration in Brinkmanship is a Double-edged Sword Pseudo-brinkmanship and the Sacrament of Marriage The Twist in the Tale of Bihar’s Political Chameleon Hell Hath No Fury Like a Party Scorned Navigating the Fog of War The Inscrutable Silence of a Star Yogi The Pure Politics of the Mercurial Mayawati Rahul Gandhi and the Beer-‘Dhokla’ Game Are Our Kids Really Smarter Than We Were? Giving Up Control To Achieve Unpredictability When Being Paranoid Is OK The Perfect Unpredictability of Roger Federer How to Buy Cricketers and Coal Blocks What the IPL Can Learn From Telecom The Giddy Tournaments of Capitalism Re-designing the Insolvency Auction to Optimize Value The Auction That Runs the Internet Ad Auctions: A Market for Horses The Gale-Shapley Algorithm and Future Job Markets Cooperative Game Theory and the Core The Babylonian Talmud and India’s Insolvency and Bankruptcy Code The Shapley Value and Legislative Power Judicial Primacy Is Not the Same as Exclusivity Trump’s Paris Agreement Pull-out: Masterstroke or Farce? The Chaotic Consensus on Goods and Services Tax The Third Front in the 2019 Election The Game That Worked in Goa The Perils of Plurality in India Rescuing Game Theory from the Game Theorists Index

Reviews

`Rohit Prasad's wonderful book, Game Sutra: Rescuing Game Theory from the Game Theorists, is a collection of dozens of real-life applications of game theory. Written in English, i.e., without mathematics, it is accessible to the educated general public. Entertaining, informative and fresh, it is strongly recommended to anyone who is interested in discovering how human interaction works'. -- Noble Laureate Robert J. Aumann, * Economic Sciences, 2005 *

`Rohit Prasad brings game theory out of the ivory towers of academia and shows that it is possible to use pristine mathematical theories to argue cohesively in the relatively inchoate world of politics and social change. Rohit's grasp of the subject, and elegant prose, creates powerful insights into issues of the day drawn from the fields of politics, business and economics. This book is truly a revelation, written in an easy, accessible-yet rigorous-style. It may well mark the beginning of a new trajectory for economic theory and social commentary alike.' -- Raghav Bahl, * Co-founder, Network 18; Co-founder, Quintillion Media Pvt. Ltd * `Rohit has written a delightful book, bringing valuable insights from the abstruse field of game theory to bear on current economic and political events, especially in the context of India. His work is full of innovative analyses, yet written in a style that is witty, engaging and accessible to everyone. A must-read!' -- Pradeep Dubey, * Leading Professor, Stony Brook University; Visiting Professor, Cowles Foundation, Yale University * `Rohit Prasad brings a unique, fascinating and entirely convincing theoretical approach towards unravelling the most significant and complex economic and political questions of contemporary India. The result is a brilliant analysis of what determines human action and behaviour. Marrying game theory and Indian politics has never been sexier and more fun, let alone illuminative.' -- Sanjoy Majumder, * Vice Managing Editor, BBC India * `This rich, instructive and entertaining collection of applications of game theory is a must-read for all who want to navigate successfully in India's complex business, political and social environments.' -- Professor Avinash Dixit, * John J. F. Sherrerd `52 University Professor of Economics, Emeritus Princeton University * `Rohit Prasad has well and truly rescued game theory from game theorists and brought it to the masses. The excellent exercises train the reader's mind in game-theoretic way of thinking without using any mathematics. It's fascinating!' -- Sumit Sarkar, * Professor, XLRI * `Rohit Prasad's wonderful book Game Sutra: Rescuing Game Theory from the Game Theorists is a collection of dozens of real-life applications of game theory. Written in English-that is, without mathematics-it is highly accessible to the educated general public. Entertaining, informative and fresh, it is strongly recommended to anyone who is interested in discovering how human interaction works.' -- Noble Laureate Robert J. Aumann, * Economic Sciences, 2005 *

Author Information

Rohit Prasad is a Professor of Economics at MDI, Gurgaon. He has a PhD in economic theory from SUNY Stony Brook, USA. He is the author of Start-up Sutra, a popular book on entrepreneurship, and Blood Red River, which examines the contours of development conflict in India. He is also the co-author of The Dynamics of Spectrum Management, a monograph on the economics of the allocation of radio frequencies. This book marks a milestone in his journey of escape from the technical training of his graduate school years.

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