Thinking Strategically

The authors present the main concepts, such as backward induction, auction theory, Nash equilibrium, noncooperative bargaining, to a general audience.

[2] Today our writers and critics nominate the books they have enjoyed reading most over the last twelve months.

No rules were imposed but, as you will see, all have been encouraged to be adventurous and broaden their interests away from their usual subjects Thinking Strategically by Avinash Dixit & Barry Nalebuff (W W Norton) offers essential training in making choices and weighing possibilities not only in business but in daily life.

It presents game theory and business strategy as understandable, usable and everyday tools for living with others.

I also much enjoyed Howard Rheingold's Virtual Reality (Secker & Warburg), which describes the computer-created world waiting around the corner of the century, and Simon Schama's Dead Certainties (Granta), which sent a bright spark between history and fiction: illuminating.—Review by Financial Times[3]