Why am I passionate about this?

I am a Professor of Economics at Washington State University. My research focuses on applying Game Theory and Industrial Organization models to polluting industries and other regulated markets. I analyze how firms strategically respond to environmental regulation, including their output and pricing decisions, their investments in clean technologies, and merger decisions, both under complete and incomplete information contexts.


I wrote

Game Theory: An Introduction with Step-by-Step Examples

By Felix Munoz-Garcia, Ana Espinola-Arredondo,

Book cover of Game Theory: An Introduction with Step-by-Step Examples

What is my book about?

Game Theory presents the information as plainly and clearly as possible. Every chapter begins with the main definitions and concepts…

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The books I picked & why

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

Felix Munoz-Garcia Why did I love this book?

This book is a beautiful, non-mathematical introduction to Game Theory for everyone, even high school students interested in strategy, its basic modeling, and how to solve games.

It has applications to everyday life, including examples from real business and political science, making it accessible to all sorts of readers. Its verbal description of some solution concepts and mathematical results is, however, too lengthy at times, especially for non-English speakers and students with a good math background, potentially leading to unnecessary confusion.

By Avinash Dixit, Barry J. Nalebuff,

Why should I read it?

1 author picked The Art of Strategy as one of their favorite books, and they share why you should read it.

What is this book about?

Game theory means rigorous strategic thinking. It's the art of anticipating your opponent's next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies-from pop culture, TV, movies, sports, politics, and history-the authors show how nearly every business and personal interaction has a game-theory component to it. Mastering game theory will make you more successful in business and life,…


Book cover of Strategy: An Introduction to Game Theory

Felix Munoz-Garcia Why did I love this book?

This book is a short introduction to undergraduate-level Game Theory, with a special focus on basic games of complete information and contracts.

It avoids jargon, notation, or formal definitions but emphasizes economic intuition and offers many examples in each chapter. Some chapters require a good math background, making the book a good fit for students who already took at least one course in algebra and calculus.

By Joel Watson,

Why should I read it?

1 author picked Strategy as one of their favorite books, and they share why you should read it.

What is this book about?

Joel Watson has refined his successful text to make it even more student-friendly. A number of sections have been added, and numerous chapters have been substantially revised. Dozens of new exercises have been added, along with solutions to selected exercises. Chapters are short and focused, with just the right amount of mathematical content and end-of-chapter exercises. New passages walk students through tricky topics.


Book cover of Games, Strategies, and Decision Making

Felix Munoz-Garcia Why did I love this book?

This is an excellent, non-technical introduction to game theory, covering most topics, including incomplete information games and evolutionary game theory.

Packed with real-life examples, along with humorous and historical notes, the book is appropriate for undergraduate students from different majors, including political science, history, psychology, and biology.

The book focuses on presenting topics at the undergraduate level, avoiding difficult notation and jargon, and minimizing the math, thus not being a good fit for technical courses in game theory at the Master's and Ph.D. levels, but again, it’s one of the best introductions to game theory for non-technical readers currently available.

By Joseph E. Harrington Jr.,

Why should I read it?

1 author picked Games, Strategies, and Decision Making as one of their favorite books, and they share why you should read it.

What is this book about?

Written for majors courses in economics, business, political science, and international relations, but accessible to students across the undergraduate spectrum, Joseph Harrington's innovative textbook makes the tools and applications of game theory and strategic reasoning both fascinating and easy to understand. Each chapter focuses a specific strategic situation as a way of introducing core concepts informally at first, then more fully, with a minimum of mathematics. At the heart of the book is a diverse collection of strategic scenarios, not only from business and politics, but from history, fiction, sports, and everyday life as well. With this approach, students don't…


Book cover of Game Theory: An Introduction

Felix Munoz-Garcia Why did I love this book?

An excellent game theory book for graduate students, especially for Master's students taking second-year elective courses on game theory, and even technical enough for the first-year Ph.D. Microeconomics course (since most schools spend most of the second semester covering game theory, contract theory, and applications.)

Rigorous, with detailed definitions and notation, yet accessible to senior undergraduate students at top schools (with a strong math background) or Master's students.

By Steven Tadelis,

Why should I read it?

2 authors picked Game Theory as one of their favorite books, and they share why you should read it.

What is this book about?

This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for…


Book cover of Game Theory

Felix Munoz-Garcia Why did I love this book?

This book is an extremely rigorous and formal presentation of Game Theory concepts to Ph.D. students.

The chapters about complete information games and repeated games are particularly superb relative to other advanced books in this field. It also offers chapters on cooperative games, which is quite uncommon in other books (both at the undergraduate and graduate levels.)

The coverage of signaling games, Perfect Bayesian Equilibrium, and equilibrium refinements is relatively brief compared to most other topics in the book, but the book is still great.

By Michael Maschler, Eilon Solan, Shmuel Zamir

Why should I read it?

1 author picked Game Theory as one of their favorite books, and they share why you should read it.

What is this book about?

Now in its second edition, this popular textbook on game theory is unrivalled in the breadth of its coverage, the thoroughness of technical explanations and the number of worked examples included. Covering non-cooperative and cooperative games, this introduction to game theory includes advanced chapters on auctions, games with incomplete information, games with vector payoffs, stable matchings and the bargaining set. This edition contains new material on stochastic games, rationalizability, and the continuity of the set of equilibrium points with respect to the data of the game. The material is presented clearly and every concept is illustrated with concrete examples from…


Explore my book 😀

Game Theory: An Introduction with Step-by-Step Examples

By Felix Munoz-Garcia, Ana Espinola-Arredondo,

Book cover of Game Theory: An Introduction with Step-by-Step Examples

What is my book about?

Game Theory presents the information as plainly and clearly as possible. Every chapter begins with the main definitions and concepts before diving into the applications to different settings across economics, business, and other social sciences. Chapters walk readers through algebraic steps and simplifications. This makes the text accessible for undergraduate and Masters-level students in economics and finance.

Paired with the exercises published on the accompanying website, students will improve both their theoretical and practical understandings of Game Theory.

Book cover of The Art of Strategy: A Game Theorist's Guide to Success in Business and Life
Book cover of Strategy: An Introduction to Game Theory
Book cover of Games, Strategies, and Decision Making

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The Squiggly Line Career: How Changing Professions Can Advance a Career in Unexpected Ways

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Book cover of The Squiggly Line Career: How Changing Professions Can Advance a Career in Unexpected Ways

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Why am I passionate about this?

Author

Angela's 3 favorite reads in 2024

What is my book about?

When we're children, we're asked what we want to be when we grow up. But what if there isn't just one career for us in our lifetime? What if we can have a squiggly line career that spans professions and industries?

This book will guide job seekers on the traits and tactics needed to change professions, and show hiring professionals how to find candidates with the skills to do the job!

The Squiggly Line Career: How Changing Professions Can Advance a Career in Unexpected Ways

By Angela Champ,

What is this book about?

When we are children, people ask us what we want to be when we grow up. The question elicits all sorts of dreams as a kid - "I want to be a ballerina" or "a firefighter" or "an astronaut." It becomes daunting as we grow up and start feeling pressured to make a choice that could affect the rest of our lives. What if we're not meant to follow just one path but, rather, pursue a squiggly line career that moves us across professions and industries? Filled with examples of real life squiggly line careers and interactive exercises, this book…


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