Competition : The Birth of a New Science

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What do chess-playing computer programs, biological evolution, competitive sports, gambling, alternative voting systems, public auctions, corporate globalization, and class warfare have in common? All are manifestations of a new paradigm in scientific thinking, one that the author calls "the emerging science of competition." Drawing in part on the pioneering work of mathematicians such as John von Neumann, John Nash (of "A Beautiful Mind "fame), and Robert Axelrod, James Case explores the common game-theoretical strands that tie these seemingly unrelated fields together, showing how each can be better understood in the shared light of the others. Not since James Gleick's bestselling book "Chaos "brought widespread public attention to the new sciences of chaos and complexity has a general-interest science book served such an eye-opening purpose. "Competition "will appeal to a wide range of readers, from policy wonks and futurologists to former jocks and other ordinary citizens seeking to make sense of a host of novel and frequently controversial issues."show more

Product details

  • Paperback | 368 pages
  • 138 x 206 x 28mm | 322.05g
  • Hill & Wang Inc.,U.S.
  • United States
  • English
  • Reprint
  • 67 line drawings throughout
  • 0809035782
  • 9780809035786
  • 1,069,286

Review quote

"This is a superb introduction to the science of competition, whose roots lie in game theory. James Case's book offers sophisticated insights into its historical origins, its mathematical foundations, and its applications, from chess to sports to elections to war. He shows particularly how strategic choices in business and economics are much better understood in terms of game-theoretic ideas than the vaunted free market of orthodox economics." -- Steven J. Brams, Department of Politics, New York University "James Case demonstrates convincingly that competition does not quite function the way we were told in courses on the principles of economics. This book is a great read for anyone who wants to know how modern experimental economics and game theory can be used to call into question the dogma of mainstream economics." -- Marc Lavoie, Department of Economics, University of Ottawa "James Case's "Competition" builds to a knockout punch: antiquated economic theories are costing us billions in lost jobs, businesses, and pensions. The culprit is the ever-influential neoclassical economics, a house of cards barely supported by evidence and held up by ego and wishful thinking. Case lays out the sane alternative, an empirical science of competition based on the evidence of real people and real markets. This is a book that voters, leaders, and businesspeople ought to take seriously." -- William Poundstone, author of "Fortune's Formula"show more

About James Case

James Case holds a PhD from the University of Michigan, has taught at a number of universities and worked in private industry, and is the regular book reviewer for "SIAM News "of the Society for Industrial and Applied more
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