Game theory and mechanism design have come a long way. Thirty-five years ago, they were fringe subjects, taught – if at all – in specialty courses. Today they are at the center of economic theory and have become an important part of engineering disciplines such as computer science and electronic commerce.
I am very pleased that Y. Narahari has written this lovely text, which presents the fundamentals of game theory and mechanism design clearly and concisely. In doing so, Dr. Narahari has performed a great service to students and researchers interested in the lively interface between engineering sciences and economics.
Nobel Laureate in Economic Sciences - 2007
Adams University Professor
Department of Economics
Faculty of Arts and Sciences
Cambridge, MA, USA
16 July 2013