Useful Tools to Help Solve Decision Making Problems Applied Game
Theory and Strategic Behavior demonstrates the use of various game
theory techniques to address practical business, economic, legal,
and public policy issues. It also illustrates the benefits of
employing strategic thinking that incorporates the uncertainty
surrounding the behavior of other parties. Real-world applications
of game theoryExploring a variety of games, the book outlines the
process of modeling game theory questions while thinking
strategically. It introduces core concepts through simple examples
and case studies taken from the authors' consulting work in the
automotive, beer, wine, and spirits industries as well as in
debates over government regulation. The authors include newly
developed software applications that can construct and solve game
theory models and present strategic options in clear, visual
diagrams. Out of the box and into the business worldStriking the
right balance between necessary mathematics and practical
applications, this book shows how game theory can be used in real
life, not just in mathematical models. It helps readers improve
their strategic thinking, define games based on actual situations,
model games with payoffs and probabilities, and make strategically
Chapman & Hall/CRC
|Country of origin:
Ilhan K. Geckil
• Patrick L. Anderson
||Electronic book text
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