Written by a Professor mainly about game theory, explains co-operative game theory in which people say what they will do and then do it. This is not like real life, and there are more advanced models.
Applies these theories to real life with examples like how to buy a car. Phone all local dealerships within 50 miles, ask for cost for your desired exact car specification and demand their lowest price is quoted. State you are going to buy the car today then do the same with all local dealers sharing their prices. The car dealers won’t like this as power is in your hands rather than theirs!
Author is an expert in producing prediction algorithms that can be used to predict outcomes in court cases or even wars. Also proposes an interesting idea regarding Israel and Palestine providing each other money from their own tourism revenue to reduce war.
You need knowledge of what someone wants or is likely to do if a certain scenario occurs. This can be very hard to predict extremely flippant people. Discusses a concept of using predictive models to detects if a public company trading is committing fraud from publicly available data. If discussing predictive model concepts is something you are interested in then you will enjoy this book, if not skip it.
