Applied Game Theory And Strategic Behavior at Meripustak

Applied Game Theory And Strategic Behavior

Books from same Author: Janice K Loudon

Books from same Publisher: Crc Press (T&F)

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  • General Information  
    Author(s)Janice K Loudon
    PublisherCrc Press (T&F)
    Edition1st Edition
    ISBN9781584888437
    Pages232
    BindingHardcover
    LanguageEnglish
    Publish YearJuly 2009

    Description

    Crc Press (T&F) Applied Game Theory And Strategic Behavior by Janice K Loudon

    Useful Tools to Help Solve Decision Making ProblemsApplied 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 sound decisions.