Game Theory For Business
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Introduction To Game Theory In Business And Economics
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Author : Thomas J. Webster
language : en
Publisher: Routledge
Release Date : 2018-10-24
Introduction To Game Theory In Business And Economics written by Thomas J. Webster and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-24 with Business & Economics categories.
Game theory is the study of strategic behavior in situations in which the decision makers are aware of the interdependence of their actions. This innovative textbook introduces students to the most basic principles of game theory - move and countermove - with an emphasis on real-world business and economic applications. Students with a background in principles of economics and business mathematics can readily understand most of the material.Demonstration problems in each chapter are designed to enhance the student's understanding of the concepts presented in the text. Many chapters include non-technical applications designed to further the student's intuitive understanding of strategic behavior. Case studies help underscore the usefulness of game theory for analyzing real-world situations. Each chapter concludes with a review and questions and exercises. An online Instructor's Manual with test bank is available to professors who adopt the text.
Game Theory And Strategy For Business Explained
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Author : Can Akdeniz
language : en
Publisher: Can Akdeniz
Release Date : 2015-08-30
Game Theory And Strategy For Business Explained written by Can Akdeniz and has been published by Can Akdeniz this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-30 with categories.
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!
Game Theory For Business A Simple Introduction
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Author : K.H. Erickson
language : en
Publisher: K.H. Erickson
Release Date : 2013-12-06
Game Theory For Business A Simple Introduction written by K.H. Erickson and has been published by K.H. Erickson this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-06 with Mathematics categories.
Game Theory for Business: A Simple Introduction offers an accessible guide to the central ideas and methods of business game theory, with over 35 diagrams to support the analysis. Understand a business’s role, goals and incentives. Examine adverse selection, moral hazard, and a bait and switch strategy, see how a firm may secure long-run gains, and learn what the show business industry can teach other businesses. Evaluate duopoly price competition, prospects for collusion, and industry entry deterrence using credible commitments and asymmetric information. Look at strategic behaviour with top dog, fat cat, puppy dog ploy, or lean and hungry strategies, Cournot output competition and Bertrand price competition. See what a business can learn from evolutionary biology, and how a firm may differentiate itself from its rivals.
Game Theory For Business
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Author : Paul A. Papayoanou
language : en
Publisher: Probabilistic Publishing
Release Date : 2010
Game Theory For Business written by Paul A. Papayoanou and has been published by Probabilistic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Game theory categories.
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.
Game Theory And Business Applications
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Author : Kalyan Chatterjee
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-06-26
Game Theory And Business Applications written by Kalyan Chatterjee and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-26 with Business & Economics categories.
Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.
Games Businesses Play
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Author : Pankaj Ghemawat
language : en
Publisher: MIT Press
Release Date : 1997
Games Businesses Play written by Pankaj Ghemawat and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Because they are analytical rather than descriptive, the case studies are not typical teaching cases. The cases are paired with customized game-theoretic models that cover a wide range of commitment decisions, from short-run commitments such as price to longer-run commitments such as capacity expansion and reduction, product and process innovation, and battles for market share. A variety of quantitative and qualitative techniques are used to test the models' predictions on case data.
Game Theory For Business
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Author : Can Akdeniz
language : en
Publisher: Can Akdeniz
Release Date : 2015-04-08
Game Theory For Business written by Can Akdeniz and has been published by Can Akdeniz this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-08 with categories.
In this book you will see how successful entrepreneurs have applied game theory in their business, and why this has worked. You can use these lessons in your own business, or create variations more suited to your enterprise. The key is that you will have an insight to game theory that shows you how easily it can be applied to your business, and your life. Keep this book on hand as a quick reference for these lessons. Read it often, and commit to memory the ones that you feel you can best use to achieve success in your enterprise and in your life. You will learn the basics of game theory, and see how successful entrepreneurs have used it to make a phenomenal success of their businesses, something that you must admit, you could definitely benefit from
Games People Play
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Author : Scott P. Stevens
language : en
Publisher:
Release Date : 2008
Games People Play written by Scott P. Stevens and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Game theory categories.
Game Theory In Management
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Author : Michael Hatfield
language : en
Publisher: Routledge
Release Date : 2016-04-15
Game Theory In Management written by Michael Hatfield and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-15 with Business & Economics categories.
Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game Theory in Management also examines managerial implications from network theory, cartage schemes, risk management theory, management information system epistemology, and other areas where the quantification and testing of business decisions can be employed to identify winning and losing stratagems.
The Art Of Strategy A Game Theorist S Guide To Success In Business And Life
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Author : Avinash K. Dixit
language : en
Publisher: W. W. Norton & Company
Release Date : 2010-01-04
The Art Of Strategy A Game Theorist S Guide To Success In Business And Life written by Avinash K. Dixit and has been published by W. W. Norton & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-04 with Business & Economics categories.
“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.