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Author: Paul A. Papayoanou Publisher: Probabilistic Publishing ISBN: 9780964793873 Category : Game theory Languages : en Pages : 173
Book Description
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.
Author: Paul A. Papayoanou Publisher: Probabilistic Publishing ISBN: 9780964793873 Category : Game theory Languages : en Pages : 173
Book Description
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.
Author: Avinash K. Dixit Publisher: W. W. Norton & Company ISBN: 9780393069952 Category : Business & Economics Languages : en Pages : 512
Book Description
“I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment.”—Steven Levitt Game theory means rigorous strategic thinking. It’s the art of anticipating your opponent’s next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.
Author: Can Akdeniz Publisher: Can Akdeniz ISBN: Category : Languages : en Pages : 40
Book Description
Do you feel as if your work life is not quite as productive as it could be? You go to work every day, but you feel like your business is absolutely not booming? Trust me, I know how that feels, and I know that this is the book that will change your career for the better! In this book, I talk about game theory for business, a proven strategic method that really works. You can use game theory to boost your work life permanently, and learn how to make good decisions that will benefit you—something that everyone should know how to do. In this book, you’ll learn: An introduction to the basic concepts of game theory A brief history of game theory Nash equilibrium for business strategies Competitive games Noncompetitive games Practical application of game theory And lots more! No more procrastinating. Read this book!
Author: Philip D. Straffin Publisher: American Mathematical Society ISBN: 1470471965 Category : Mathematics Languages : en Pages : 256
Book Description
This book is an introduction to mathematical game theory, which might better be called the mathematical theory of conflict and cooperation. It is applicable whenever two individuals—or companies, or political parties, or nations—confront situations where the outcome for each depends on the behavior of all. What are the best strategies in such situations? If there are chances of cooperation, with whom should you cooperate, and how should you share the proceeds of cooperation? Since its creation by John von Neumann and Oskar Morgenstern in 1944, game theory has shed new light on business, politics, economics, social psychology, philosophy, and evolutionary biology. In this book, its fundamental ideas are developed with mathematics at the level of high school algebra and applied to many of these fields (see the table of contents). Ideas like “fairness” are presented via axioms that fair allocations should satisfy; thus the reader is introduced to axiomatic thinking as well as to mathematical modeling of actual situations.
Author: Felix Munoz-Garcia Publisher: Springer ISBN: 3319329634 Category : Mathematics Languages : en Pages : 341
Book Description
This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. The text initially presents games that are required in most courses at the undergraduate level and gradually advances to more challenging games appropriate for masters level courses. The first six chapters cover complete-information games, separately analyzing simultaneous-move and sequential-move games, with applications in industrial economics, law, and regulation. Subsequent chapters dedicate special attention to incomplete information games, such as signaling games, cheap talk games, and equilibrium refinements, emphasizing common steps and including graphical illustrations to focus students’ attention on the most relevant payoff comparisons at each point of the analysis. In addition, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number. This allows students to pace their studies and instructors to structure their classes accordingly. By providing detailed worked-out examples, this text gives students at various levels the tools they need to apply the tenets of game theory in many fields of business and economics. This text is appropriate for introductory-to-intermediate courses in game theory at the upper undergraduate and master’s level.
Author: Prajit K. Dutta Publisher: MIT Press ISBN: 0262368501 Category : Business & Economics Languages : en Pages : 713
Book Description
The new edition of a widely used introduction to game theory and its applications, with a focus on economics, business, and politics. This widely used introduction to game theory is rigorous but accessible, unique in its balance between the theoretical and the practical, with examples and applications following almost every theory-driven chapter. In recent years, game theory has become an important methodological tool for all fields of social sciences, biology and computer science. This second edition of Strategies and Games not only takes into account new game theoretical concepts and applications such as bargaining and matching, it also provides an array of chapters on game theory applied to the political arena. New examples, case studies, and applications relevant to a wide range of behavioral disciplines are now included. The authors map out alternate pathways through the book for instructors in economics, business, and political science. The book contains four parts: strategic form games, extensive form games, asymmetric information games, and cooperative games and matching. Theoretical topics include dominance solutions, Nash equilibrium, Condorcet paradox, backward induction, subgame perfection, repeated and dynamic games, Bayes-Nash equilibrium, mechanism design, auction theory, signaling, the Shapley value, and stable matchings. Applications and case studies include OPEC, voting, poison pills, Treasury auctions, trade agreements, pork-barrel spending, climate change, bargaining and audience costs, markets for lemons, and school choice. Each chapter includes concept checks and tallies end-of-chapter problems. An appendix offers a thorough discussion of single-agent decision theory, which underpins game theory.
Author: Can Akdeniz Publisher: Createspace Independent Publishing Platform ISBN: 9781517019372 Category : Languages : en Pages : 34
Book Description
Do you feel as if your work life is not quite as productive as it could be? You go to work every day, but you feel like your business is absolutely not booming? Trust me, I know how that feels, and I know that this is the book that will change your career for the better! In this book, I talk about game theory for business, a proven strategic method that really works. You can use game theory to boost your work life permanently, and learn how to make good decisions that will benefit you-something that everyone should know how to do. In this book, you'll learn: - An introduction to the basic concepts of game theory - A brief history of game theory - Nash equilibrium for business strategies - Competitive games - Noncompetitive games - Practical application of game theory - And lots more! No more procrastinating. Read this book!
Author: Can Akdeniz Publisher: Can Akdeniz ISBN: Category : Languages : en Pages : 40
Book Description
Game Theory has evolved since its inception, but at its root, it is the modeling of strategic interactions between two or more players where there is a set of rules and outcomes! This basic definition gets to the heart of what Game Theory is. And this can be applied to almost any situation in your life and your business. Regardless of your status, as an entrepreneur or a part of the employed, this theory can serve you well. It can help you develop strategic approaches to real life situations, where you predict, with remarkable accuracy, the best possible route towards the best possible outcomes. If you wanted to have a crystal ball, one that helps you predict the future, then Game Theory would be as close to that crystal ball as you can get, in real-life! Game Theory and Strategy go hand in hand. In fact, they are like the big brother and the little brother of social interaction. Where Game Theory is the big brother, used to guide you along the way, Strategy is the little brother, needing guidance, and who cannot exist successfully in the absence of ‘big brother’! They, therefore, have a tandem and reciprocal relationship.
Author: John McMillan Publisher: Oxford University Press ISBN: 9780195108033 Category : Business & Economics Languages : en Pages : 268
Book Description
Managers are continually called on to make strategic decisions based on how someone else will act, and react, and this is exactly what game theory was invented to analyze. With the publication of John McMillan's 'Games, Strategies, and Managers, ' managers can now unlock the power of this bold way of thinking. The book strips away distracting details and provides insights into what is really going on in every negotiation and strategic decision.
Author: Paul A. Papayoanou
Author: Paul A. Papayoanou
Author: Avinash K. Dixit
Author: Can Akdeniz
Author: Philip D. Straffin
Author: Aviad Heifetz
Author: Felix Munoz-Garcia
Author: Prajit K. Dutta
Author: Can Akdeniz
Author: Can Akdeniz
Author: John McMillan