This is the classic work upon which modern-day game theory is based. What began as a modest proposal that a mathematician and an economist write a short paper together blossomed, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize economics, but the entirely new field of scientific inquiry it yielded--game theory--has since been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. And it is today established throughout both the social sciences and a wide range of other sciences.

"Will delight and inform anyone who enjoys rigorous thinking and the unexpected conclusions it delivers." -- Jamie Whyte, author of Crimes Against Logic "This ingenious gallop through the mind of Steven Landsburg enables you to think like an economist without incurring a Keynesian headache or a huge student loan. You may even end up 'smarter than Google.' But you will not readily put down this exhilarating adventure in ideas." -- George Gilder, author of Knowledge and Power and Life After Google Can you outsmart an economist? Steven Landsburg, acclaimed author and professor of economics, dares you to try. In this whip-smart, entertaining, and entirely unconventional economics primer, he brings together over one hundred puzzles and brain teasers that illustrate the subject's key concepts and pitfalls. From warm-up exercises to get your brain working, to logic and probability problems, to puzzles covering more complex topics like inferences, strategy, and irrationality, Can You Outsmart an Economist? will show you how to do just that by expanding the way you think about decision making and problem solving. Let the games begin "Entertaining as well as edifying. Read it, expand your mind, and have fun "-- N. Gregory Mankiw, Robert M. Beren Professor of Economics, Harvard University