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The Theory of Games and Economic Behavior -
John Von Neumann, Oscar Morgenstern
1944 - Princeton University Press, Princeton - First Edition
A fine first edition of Von Neumann and Morgenstern’s monumental presentation of Game Theory, in the rare dust jacket and complete with ‘Corrigenda’ slip. Together with Nobel prize winning economist Richard Stone’s rare and detailed 1948 review of ‘Theory of Games’, finely bound. Each housed in bespoke cloth cases.
‘Game theory, it may reasonably be claimed, has proved to be one of the more significant scientific contributions of the twentieth century. Albeit haltingly and unevenly, and in a manner quite unforeseeable in 1944 when the Theory of Games and Economic Behavior was published, it has affected not only economics and political science but also evolutionary biology, ethics, and philosophy proper. Within economics, particular areas such as microeconomic theory, industrial organization, international trade, and experimental economics have all been reshaped under the theory’s influence.’ (Leonard)
‘The classic work in both game theory and its application to decision-making in economics and business’. (Bernstein).
‘Had it merely called our attention to the existence and exact nature of certain fundamental gaps in economic theory, Theory of Games would have been a book of outstanding importance. But it does more than that. It is essentially constructive: where existing theory is considered to be inadequate, the authors put in its place a highly novel analytical apparatus designed to cope with the problem’. (Hurwicz)
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Price HK$ 120,000
1944 - Princeton University Press, Princeton - First Edition
A fine first edition of Von Neumann and Morgenstern’s monumental presentation of Game Theory, in the rare dust jacket and complete with ‘Corrigenda’ slip. Together with Nobel prize winning economist Richard Stone’s rare and detailed 1948 review of ‘Theory of Games’, finely bound. Each housed in bespoke cloth cases.‘Game theory, it may reasonably be claimed, has proved to be one of the more significant scientific contributions of the twentieth century. Albeit haltingly and unevenly, and in a manner quite unforeseeable in 1944 when the Theory of Games and Economic Behavior was published, it has affected not only economics and political science but also evolutionary biology, ethics, and philosophy proper. Within economics, particular areas such as microeconomic theory, industrial organization, international trade, and experimental economics have all been reshaped under the theory’s influence.’ (Leonard)
‘The classic work in both game theory and its application to decision-making in economics and business’. (Bernstein).
‘Had it merely called our attention to the existence and exact nature of certain fundamental gaps in economic theory, Theory of Games would have been a book of outstanding importance. But it does more than that. It is essentially constructive: where existing theory is considered to be inadequate, the authors put in its place a highly novel analytical apparatus designed to cope with the problem’. (Hurwicz)

Price HK$ 120,000