Theory of Games and Economic Behavior. By John von Neumann, and Oskar Morgenstern. Princeton, NJ: Princeton University Press, 1947. 2nd Edition. No Dust Jacket. 641 pp, 9.5 x 6.25", 8vo. 

In fair condition. Green cloth boards scuffed at edges and worn/bumped at corners. Head and tail of spine collapsed; cloth at head chipped. Gilt lettering and title label on spine normally dulled from shelf-wear, but still attractive. Top edge sprayed black/grey; dulled. Toning around edges of front board; as well as light soiling. Toning throughout text-block; mostly to edges of leaves. Binding tight and intact. Please see photos and ask questions if any, before purchasing. 

   Theory of Games and Economic Behavior, first published in 1944 by Princeton University Press, is a book by mathematician John von Neumann (1903-1957) and economist Oskar Morgenstern (1902-1977), which is considered the groundbreaking text that created the interdisciplinary research field of game theory. 

   The book is based partly on earlier research by von Neumann, published in 1928 under the German title Zur Theorie der Gesellschaftsspiele (On the Theory of Board Games).

   The derivation of expected utility from its axioms appeared in an appendix to the Second Edition (1947). This theory allowed mathematical statisticians and economists to treat decision-making under uncertainty.

   Game theory was developed extensively in the 1950s, and was explicitly applied to evolution in the 1970s, although similar developments go back at least as far as the 1930s. Game theory has been widely recognized as an important tool in many fields. 

This is a SECOND EDITION COPY, which is the first to include the derivation of expected utility from its axioms. Clean copy; gift quality. 

RAREA1947FLMB

05/24 - HK1587