Rene Kager 10th edition, 2010 Cambridge University Press

(Note: Cambridge is a place famous for being academic, good at punting, and rather snooty, so any textbook from there ought to be a good buy.)

This is an introduction to Optimality Theory, whose central idea is that surface forms of language reflect resolutions of conflicts between competing constraints. The book does not limit its empirical scope to phonological phenomena, but also contains chapters on the learnability of OT grammars; OT's implications for syntax; and other issues such as opacity. Exercises accompany chapters 1-7, and there are sections on further reading. Optimality Theory will be welcomed by any linguist with a basic knowledge of derivational Generative Phonology.