Game Theory for Business
Author | : Paul A. Papayoanou |
Publisher | : Probabilistic Publishing |
Total Pages | : 173 |
Release | : 2010 |
ISBN-10 | : 0964793873 |
ISBN-13 | : 9780964793873 |
Rating | : 4/5 (73 Downloads) |
Book excerpt: Business executives, managers, and negotiators regularly interact in ways that resemble a game of chess. Yet while game theory is the leading tool in academia for analyzing such interdependent choices, its use in the business world has been limited by its perceived lack of practicality. Until now, that is. "Game Theory for Business: A Primer in Strategic Gaming" outlines a straightforward, practical approach for using game theory. The book demonstrates how Strategic Gaming has, can, and should be applied to help savvy strategists and negotiators shape and play the game of business effectively.