The most recommended game theory books

Who picked these books? Meet our 29 experts.

29 authors created a book list connected to game theory, and here are their favorite game theory books.
Shepherd is reader supported. When you buy books, we may earn an affiliate commission.

What type of game theory book?

Loading...
Loading...

Book cover of Machine Dreams: Economics Becomes a Cyborg Science

Avner Offer Author Of The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn

From my list on the history of economic thought.

Why am I passionate about this?

As a Professor of Economic History at the Oxford University, I taught the history of economic thought and wrote articles and a book in the field (The Nobel Factor). I love the limpid style and encompassing view of the classical economists (the first century after Smith). Their literary and academic styles have been abandoned, but they still have a great deal to teach. The role of land and natural resources as a factor of production in their theory has become relevant again as the environment comes under pressure. I also published in several other fields. My latest book is Understanding the Private-Public Divide: Markets, Governments and Time Horizons (2022). 

Avner's book list on the history of economic thought

Avner Offer Why did Avner love this book?

Read anything by Mirowski. By far the best writer in the field today.

Highly original, massively intelligent, stimulating, witty, deeply informed, a trenchant writer. His life’s work is to probe the validity and scientific pretensions of the discipline.

The critiques are biting, all the more so for the real-world authority wielded by economists. That he is sometimes a provocative maverick adds to the appeal.

Machine Dreams argued implausibly (for its time) that economics had embraced robotic simulation. The emergence of AI shows how far ahead of its time it was.

A better read than most straight economics. 

By Philip Mirowski,

Why should I read it?

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

What is this book about?

This was the first cross-over book into the history of science written by an historian of economics. It shows how 'history of technology' can be integrated with the history of economic ideas. The analysis combines Cold War history with the history of postwar economics in America and later elsewhere, revealing that the Pax Americana had much to do with abstruse and formal doctrines such as linear programming and game theory. It links the literature on 'cyborg' to economics, an element missing in literature to date. The treatment further calls into question the idea that economics has been immune to postmodern…


Book cover of A Splendid Exchange: How Trade Shaped the World

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

From my list on economics and game theory.

Why am I passionate about this?

Avinash Dixit is an emeritus university professor of economics at Princeton. He is a member of the National Academy of Sciences and was President of the American Economic Association for the year 2008.

Avinash's book list on economics and game theory

Avinash Dixit Why did Avinash love this book?

A brilliant sweep through the millennia of commerce around the world. If you think globalization happened over the last quarter-century, you are wrong by about 5000 years. Find out how and why.

By William J. Bernstein,

Why should I read it?

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

What is this book about?

A sweeping narrative history of world trade—from Sumer in 3000 BC to the firestorm over globalization today—that brilliantly explores trade’s colorful and contentious past and provides fresh insights into social, political, cultural, and economic history, as well as a timely assessment of trade’s future.

Adam Smith wrote that man has an intrinsic “propensity to truck, barter, and exchange one thing for another.” But how did trade evolve to the point where we don’t think twice about biting into an apple from the other side of the world?

In A Splendid Exchange, William J. Bernstein tells the extraordinary story of global…


Book cover of The Origins of Unfairness: Social Categories and Cultural Evolution

Paul E. Smaldino Author Of Modeling Social Behavior: Mathematical and Agent-Based Models of Social Dynamics and Cultural Evolution

From my list on (human) behavior that reward working through the math.

Why am I passionate about this?

I am fascinated with the relationship between our individual behaviors and the social structures and institutions in which we live—and how these influence each over time. I think this sort of understanding is important if we want to consider the kind of world we want to live in, and how we might get there from where we are. I take insights from many disciplines, from physics and biology to the cognitive and social sciences, from philosophy and art to mathematics and engineering. I am currently a professor of cognitive and information sciences at the University of California, Merced, and an external professor at the Santa Fe Institute. 

Paul's book list on (human) behavior that reward working through the math

Paul E. Smaldino Why did Paul love this book?

In 2016 I went to a conference in Leuven, Belgium, on computational approaches to understanding science. There I presented a model showing how selection for productivity (good old “publish or perish”) could, over time, degrade the quality of methods used by scientists.

I also met Cailin O’Connor, a philosopher and game theorist who was also studying science with formal models, with a focus on equity, or lack thereof. In this terrific book, Cailin uses game theory and evolutionary dynamics to consider how some social institutions lead to entrenched inequality among people or social classes, as well as how one might combat the forces of unfairness. 

By Cailin O'Connor,

Why should I read it?

2 authors picked The Origins of Unfairness as one of their favorite books, and they share why you should read it.

What is this book about?

In almost every human society some people get more and others get less. Why is inequity the rule in these societies? In The Origins of Unfairness, philosopher Cailin O'Connor firstly considers how groups are divided into social categories, like gender, race, and religion, to address this question. She uses the formal frameworks of game theory and evolutionary game theory to explore the cultural evolution of the conventions which piggyback on these seemingly
irrelevant social categories. These frameworks elucidate a variety of topics from the innateness of gender differences, to collaboration in academia, to household bargaining, to minority disadvantage, to homophily.…


Book cover of Strategy: An Introduction to Game Theory

Felix Munoz-Garcia Author Of Game Theory: An Introduction with Step-by-Step Examples

From my list on learning Game Theory.

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.

Felix's book list on learning Game Theory

Felix Munoz-Garcia Why did Felix 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 The Thing with Feathers: The Surprising Lives of Birds and What They Reveal about Being Human

Elizabeth Gehrman Author Of Rare Birds: The Extraordinary Tale of the Bermuda Petrel and the Man Who Brought It Back from Extinction

From my list on birds and life.

Why am I passionate about this?

I never had a particular interest in birds until I heard about David Wingate and the cahow; I’m just a reporter who was smitten by a compelling story. I often write about science and the environment, as well as travel and other topics, for publications including the Boston Globe, Archaeology, and Harvard Medicine, and while working on Rare Birds I got hooked on these extraordinary creatures and the iconoclastic obsessives who have become their stewards in the Anthropocene era. You don’t have to care about birds to love their stories — but in the end, you will.

Elizabeth's book list on birds and life

Elizabeth Gehrman Why did Elizabeth love this book?

Packing a huge amount of research onto every page, Strycker, who in his 2015 big year logged a record-setting 6,042 bird species, engagingly analyzes the biology and behavior of penguins, magpies, hummingbirds, albatrosses, and more to explore how the lives of birds are simultaneously incredibly alien to and indelibly intertwined with those of humans in activities and emotions as diverse as altruism, dancing, seduction, and fear. His insights, delivered with a light touch, may well change the worldview of those who think that humans are somehow more worthy than any other animal on the planet.

By Noah Strycker,

Why should I read it?

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

What is this book about?

"[Strycker] thinks like a biologist but writes like a poet." -- Wall Street Journal

An entertaining and profound look at the lives of birds, illuminating their surprising world—and deep connection with humanity.
 
Birds are highly intelligent animals, yet their intelligence is dramatically different from our own and has been little understood. As we learn more about the secrets of bird life, we are unlocking fascinating insights into memory, relationships, game theory, and the nature of intelligence itself.

The Thing with Feathers explores the astonishing homing abilities of pigeons, the good deeds of fairy-wrens, the influential flocking abilities of starlings, the…


Book cover of The Strategy of Conflict

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

From my list on economics and game theory.

Why am I passionate about this?

Avinash Dixit is an emeritus university professor of economics at Princeton. He is a member of the National Academy of Sciences and was President of the American Economic Association for the year 2008.

Avinash's book list on economics and game theory

Avinash Dixit Why did Avinash love this book?

This is the book that brought game theory to life. Eschewing dry mathematical theorems, and conducting rigorous logical analysis through rich examples of strategic use of threats, promises, and brinkmanship in real life, Schelling opened up a whole world of practical applications of the theory. My own thinking and writing about game theory owes a huge debt to Schelling. You should also read his “Arms and Influence,” “Micromotives and Macrobehavior,” and “Choice and Consequence.”

By Thomas C. Schelling,

Why should I read it?

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

What is this book about?

A series of closely interrelated essays on game theory, this book deals with an area in which progress has been least satisfactory-the situations where there is a common interest as well as conflict between adversaries: negotiations, war and threats of war, criminal deterrence, extortion, tacit bargaining. It proposes enlightening similarities between, for instance, maneuvering in limited war and in a traffic jam; deterring the Russians and one's own children; the modern strategy of terror and the ancient institution of hostages.


Book cover of Game Theory

Felix Munoz-Garcia Author Of Game Theory: An Introduction with Step-by-Step Examples

From my list on learning Game Theory.

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.

Felix's book list on learning Game Theory

Felix Munoz-Garcia Why did Felix 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…


Book cover of Managerial Dilemmas: The Political Economy of Hierarchy

Nathan Kracklauer Author Of The 12-Week MBA: Learn the Skills You Need to Lead in Business Today

From my list on unconventional takes on leadership and management.

Why am I passionate about this?

As a wannabe rockstar studying philosophy and mathematics, never in my wildest nightmare did I imagine I would one day earn a living traveling the world, helping corporate managers become better bosses. But in unexpected ways, all the different strands of my interests and passions have woven together into a work-life well lived, with over two decades of experience and contemplation distilled down into this book I have co-written with my friend and business partner, Bjorn Billhardt, CEO of Abilitie.

Nathan's book list on unconventional takes on leadership and management

Nathan Kracklauer Why did Nathan love this book?

For decades, I was unsatisfied with the definitions of “leadership” I would read. For one thing, they failed to account for why we need the term “leader” when the more humdrum “manager” would do just fine. To me, the word "leader" will always be linked to 20th-century fascism, so I'm reluctant to use the word casually. Additionally, many conventional definitions of leadership are just laundry lists of virtuous behavior we’d really like to see in anyone, not just “leaders.” 

At the same time, I was fascinated with game theory. This book brought those two strands, leadership and game theory, together.

Miller opened my eyes to the fact that there was something that could be called “leadership” that helped explain a nagging puzzle in game theory, namely how we are able to overcome social dilemmas and cooperate with each other, even in the absence of brute incentive systems provided by “mere”…

By Gary J. Miller,

Why should I read it?

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

What is this book about?

In organisation theory a schism has developed between the traditional organisational behaviour literature, based in psychology, sociology and political science, and the more analytically rigorous field of organisational economics. The former stresses the importance of managerial leadership and cooperation among employees, while the latter focuses on the engineering of incentive systems that will induce efficiency and profitability, by rewarding worker self-interest. In this innovative book, Gary Miller bridges the gap between these literatures. He demonstrates that it is impossible to design an incentive system based on self-interest that will effectively discipline all subordinates and superiors and obviate or overcome the…


Book cover of Social Foraging Theory

Paul E. Smaldino Author Of Modeling Social Behavior: Mathematical and Agent-Based Models of Social Dynamics and Cultural Evolution

From my list on (human) behavior that reward working through the math.

Why am I passionate about this?

I am fascinated with the relationship between our individual behaviors and the social structures and institutions in which we live—and how these influence each over time. I think this sort of understanding is important if we want to consider the kind of world we want to live in, and how we might get there from where we are. I take insights from many disciplines, from physics and biology to the cognitive and social sciences, from philosophy and art to mathematics and engineering. I am currently a professor of cognitive and information sciences at the University of California, Merced, and an external professor at the Santa Fe Institute. 

Paul's book list on (human) behavior that reward working through the math

Paul E. Smaldino Why did Paul love this book?

I have always been fascinated by how people join and leave groups.

What are the benefits of joining a particular group? Which group should I join? What happens if someone wants to join a group, but its current members don’t want them to? I once thought such questions were merely qualitative, and when I was a graduate student I thought I’d be the first to tackle them quantitatively.

I was humbled when I stumbled upon this book, written years earlier, in which two behavioral ecologists review game theoretic models that address questions of just this sort, starting simple, and building up models of increasing nuance and complexity. I think anyone interested in the dynamics of group formation in humans or other animals should read this book. 

By Luc-Alain Giraldeau, Thomas Caraco,

Why should I read it?

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

What is this book about?

Although there is extensive literature in the field of behavioral ecology that attempts to explain foraging of individuals, social foraging--the ways in which animals search and compete for food in groups--has been relatively neglected. This book redresses that situation by providing both a synthesis of the existing literature and a new theory of social foraging. Giraldeau and Caraco develop models informed by game theory that offer a new framework for analysis. Social Foraging Theory contains the most comprehensive theoretical approach to its subject, coupled with quantitative methods that will underpin future work in the field. The new models and approaches…


Book cover of Essential Poker Math, Expanded Edition: Fundamental No Limit Hold'em Mathematics You Need To Know

Jared Tendler Author Of The Mental Game of Poker: Proven Strategies for Improving Tilt Control, Confidence, Motivation, Coping with Variance, and More

From my list on poker that every player needs to read.

Why am I passionate about this?

I’m a leading expert in how your mental game impacts performance. For over a decade I’ve coached hundreds of poker players, including some of the best players in the world. My clients include numerous bracelet winners at the World Series of Poker, and winners of other major titles. I have a passion for helping players become great, and many of them have climbed the ranks to become among of the best in the world. Whatever you aspire to in poker, whether it’s making some money off your friends or competing in the WSOP, be sure to pick up the books I’ve recommended—they can make a big difference! 

Jared's book list on poker that every player needs to read

Jared Tendler Why did Jared love this book?

This book is one of the best-selling poker books of the modern era despite the author not being a household name. It is a brilliant and dense primer on poker math with the amateur in mind. Other poker math books have arguably been written with a more expert tone, but this one is ideal for a beginner.

By Alton Hardin,

Why should I read it?

1 author picked Essential Poker Math, Expanded Edition as one of their favorite books, and they share why you should read it.

What is this book about?

Expanded, Updated & Greatly Improved

New Expanded Edition Includes:

More Than 150 Pages of New Material with Greatly Expanded Content and 4 New Chapters Over 75 Carefully Devised Practice and Example Poker Hands That Are Analyzed in Great Detail Free Enrollment into My 10-Hour Essential Poker Math eLearning Online Video Training Course Poker Math Is Easy to LearnPoker math is a vitally important aspect of No Limit Hold’em poker. But, it's often overlooked or simply not used because many poker players fear it is too difficult to learn. I'm here to tell you it’s not. In fact, fundamental poker math…