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Competition: The Birth of a New Science ReviewI happened to pick up this book recently since it seemed to be at the junction between applied mathematics and economics. The author did not disappoint. He explores the world of economics through game theory and goes on to show how the current economic thinking has some serious flaws. It was very enjoyable and really opened my eyes to many common economic errors. For instance, conventional thinking is that when there are multiple vendors for a given product one has a much better chance of getting a lower price. The author shows how this is very unlikely. I used to be a big supporter of free trade and I am not any more. Excellent book and a must read for any intelligent person.Competition: The Birth of a New Science OverviewWant to learn more information about Competition: The Birth of a New Science?
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