The Art of Strategy

A Game Theorist's Guide to Success in Business & Life
Author: Avinash K. Dixit,Barry Nalebuff
Publisher: W. W. Norton & Company
ISBN: 9780393062434
Category: Business & Economics
Page: 483
View: 9727

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The authors of Thinking Strategically demonstrate how to apply the principles in game theory to achieve greater personal and professional successes, drawing on a diverse array of case studies to explain how to develop a win-oriented way of seeing the world.

The Art of Strategy: A Game Theorist's Guide to Success in Business and Life


Author: Avinash K. Dixit,Barry J. Nalebuff
Publisher: W. W. Norton & Company
ISBN: 0393069958
Category: Business & Economics
Page: 512
View: 4440

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“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.

Summary: The Art of Strategy

Review and Analysis of Dixit and Nalebuff's Book
Author: BusinessNews Publishing
Publisher: Primento
ISBN: 2511021560
Category: Mathematics
Page: 15
View: 5363

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The must-read summary of Avinash Dixit and Barry Nalebuff's book: "The Art of Strategy: A Game Theorist's Guide to Success in Business and in Life". This complete summary of the ideas from Avinash Dixit and Barry Nalebuff's book "The Art of Strategy" shows how game theory can be relevant and applicable to contexts other than academia, as it aids strategic thinking. In their book, the authors explain the basic rules of game theory, breaking down each section into easy-to-understand segments with real-life examples. This summary is a clear guide to using game theory in all areas of your life to help you make strategic decisions. Added-value of this summary: • Save time • Understand key concepts • Expand your knowledge To learn more, read "The Art of Strategy" and become an expert at using game theory to create the best strategies.

The Game Theorist's Guide to Parenting

How the Science of Strategic Thinking Can Help You Deal with the Toughest Negotiators You Know--Your Kids
Author: Paul Raeburn,Kevin Zollman
Publisher: Scientific American / Farrar, Straus and Giroux
ISBN: 0374714401
Category: Family & Relationships
Page: 240
View: 2624

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“I absolutely loved this book, both as a parent and as a nerd.” —Jessica Lahey, author of The Gift of Failure As every parent knows, kids are surprisingly clever negotiators. But how can we avoid those all-too-familiar wails of “That’s not fair!” and “You can’t make me!”? In The Game Theorist’s Guide to Parenting, the award-winning journalist and father of five Paul Raeburn and the game theorist Kevin Zollman pair up to highlight tactics from the worlds of economics and business that can help parents break the endless cycle of quarrels and ineffective solutions. Raeburn and Zollman show that some of the same strategies successfully applied to big business deals and politics—such as the Prisoner’s Dilemma and the Ultimatum Game—can be used to solve such titanic, age-old parenting problems as dividing up toys, keeping the peace on long car rides, and sticking to homework routines. Raeburn and Zollman open each chapter with a common parenting dilemma. Then they show how carefully concocted schemes involving bargains and fair incentives can save the day. Through smart case studies of game theory in action, Raeburn and Zollman reveal how parents and children devise strategies, where those strategies go wrong, and what we can do to help raise happy and savvy kids while keeping the rest of the family happy too. Delightfully witty, refreshingly irreverent, and just a bit Machiavellian, The Game Theorist’s Guide to Parenting looks past the fads to offer advice you can put into action today.

Games of Strategy

Fourth International Student Edition
Author: Dixit, Avinash K,Skeath, Susan
Publisher: W. W. Norton & Company
ISBN: 0393920755
Category: Business & Economics
Page: 768
View: 7812

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A clear, comprehensive introduction to the study of game theory. In the fourth edition, new real-world examples and compelling end-of-chapter exercises engage students with game theory.

Introducing Game Theory

A Graphic Guide
Author: Ivan Pastine,Tuvana Pastine
Publisher: Icon Books
ISBN: 1785780832
Category: Mathematics
Page: N.A
View: 8144

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When should you adopt an aggressive business strategy? How do we make decisions when we don’t have all the information? What makes international environmental cooperation possible? Game theory is the study of how we make a decision when the outcome of our moves depends on the decisions of someone else. Economists Ivan and Tuvana Pastine explain why, in these situations, we sometimes cooperate, sometimes clash, and sometimes act in a way that seems completely random. Stylishly brought to life by award-winning cartoonist Tom Humberstone, Game Theory will help readers understand behaviour in everything from our social lives to business, global politics to evolutionary biology. It provides a thrilling new perspective on the world we live in.

Jane Austen, Game Theorist


Author: Michael Suk-Young Chwe
Publisher: Princeton University Press
ISBN: 1400851335
Category: Political Science
Page: 296
View: 4928

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Game theory—the study of how people make choices while interacting with others—is one of the most popular technical approaches in social science today. But as Michael Chwe reveals in his insightful new book, Jane Austen explored game theory's core ideas in her six novels roughly two hundred years ago—over a century before its mathematical development during the Cold War. Jane Austen, Game Theorist shows how this beloved writer theorized choice and preferences, prized strategic thinking, and analyzed why superiors are often strategically clueless about inferiors. Exploring a diverse range of literature and folktales, this book illustrates the wide relevance of game theory and how, fundamentally, we are all strategic thinkers.

Game-Changer: Game Theory and the Art of Transforming Strategic Situations


Author: David McAdams
Publisher: W. W. Norton & Company
ISBN: 0393242773
Category: Business & Economics
Page: 256
View: 2863

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A radically new, and easily learned, way to outstrategize your rivals. “The wise win before they fight, while the ignorant fight to win.” So wrote Zhuge Liang, the great Chinese military strategist. He was referring to battlefield tactics, but the same can be said about any strategic situation. Even seemingly certain defeat can be turned into victory—whether in battle, business, or life—by those with the strategic vision to recognize how to “change the game” to their own advantage. The aim of David McAdams’s Game-Changer is nothing less than to empower you with this wisdom—not just to win in every strategic situation (or “game”) you face but to change those games and the ecosystems in which they reside to transform your life and our lives together for the better. Game-Changer develops six basic ways to change games—commitment, regulation, cartelization, retaliation, trust, and relationships—enlivened by countless colorful characters and unforgettable examples from the worlds of business, medicine, finance, military history, crime, sports, and more. The book then digs into several real-world strategic challenges, such as how to keep prices low on the Internet, how to restore the public’s lost trust in for-charity telemarketers, and even how to save mankind from looming and seemingly unstoppable drug-resistant disease. In each case, McAdams uses the game-theory approach developed in the book to identify the strategic crux of the problem and then leverages that “game-awareness” to brainstorm ways to change the game to solve or at least mitigate the underlying problem. So get ready for a fascinating journey. You’ll emerge a deeper strategic thinker, poised to change and win all the games you play. In doing so, you can also make the world a better place. “Just one Game-Changer [is] enough to seed and transform an entire organization into a more productive, happier, and altogether better place,” McAdams writes. Just imagine what we can do together.

Co-Opetition


Author: Adam M. Brandenburger,Barry J. Nalebuff
Publisher: Crown Business
ISBN: 0307790541
Category: Business & Economics
Page: 304
View: 579

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Now available in paperback, with an all new Reader's guide, The New York Times and Business Week bestseller Co-opetition revolutionized the game of business. With over 40,000 copies sold and now in its 9th printing, Co-opetition is a business strategy that goes beyond the old rules of competition and cooperation to combine the advantages of both. Co-opetition is a pioneering, high profit means of leveraging business relationships. Intel, Nintendo, American Express, NutraSweet, American Airlines, and dozens of other companies have been using the strategies of co-opetition to change the game of business to their benefit. Formulating strategies based on game theory, authors Brandenburger and Nalebuff created a book that's insightful and instructive for managers eager to move their companies into a new mind set. From the Trade Paperback edition.

Game Theory


Author: Roger B. Myerson
Publisher: Harvard University Press
ISBN: 0674728629
Category: Business & Economics
Page: 584
View: 631

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Eminently suited to classroom use as well as individual study, Roger Myerson's introductory text provides a clear and thorough examination of the models, solution concepts, results, and methodological principles of noncooperative and cooperative game theory. Myerson introduces, clarifies, and synthesizes the extraordinary advances made in the subject over the past fifteen years, presents an overview of decision theory, and comprehensively reviews the development of the fundamental models: games in extensive form and strategic form, and Bayesian games with incomplete information.

Game Theory and Strategy


Author: Philip D. Straffin
Publisher: MAA
ISBN: 9780883856376
Category: Mathematics
Page: 244
View: 6872

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This book pays careful attention to applications of game theory in a wide variety of disciplines. The applications are treated in considerable depth. The book assumes only high school algebra, yet gently builds to mathematical thinking of some sophistication. Game Theory and Strategy might serve as an introduction to both axiomatic mathematical thinking and the fundamental process of mathematical modelling. It gives insight into both the nature of pure mathematics, and the way in which mathematics can be applied to real problems.

Game Theory

The art of thinking strategically
Author: 50MINUTES.COM,
Publisher: 50 Minutes
ISBN: 2806265886
Category: Business & Economics
Page: 43
View: 4380

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The art of thinking strategically This book is a practical and accessible guide to understanding and implementing game theory, providing you with the essential information and saving time. In 50 minutes you will be able to: • Quickly master the concept of strategic behavior and interactive decisions • Anticipate the actions of your opponents to react accordingly and maximize gains • Find the key to cooperating in order to reach collective goals ABOUT 50MINUTES.COM| Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

Playing to Win

How Strategy Really Works
Author: Alan G. Lafley,Roger L. Martin
Publisher: Harvard Business Press
ISBN: 142218739X
Category: Business & Economics
Page: 260
View: 7088

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Explains how companies must pinpoint business strategies to a few critically important choices, identifying common blunders while outlining simple exercises and questions that can guide day-to-day and long-term decisions.

Game Theory

An Introduction
Author: Steven Tadelis
Publisher: Princeton University Press
ISBN: 1400845955
Category: Business & Economics
Page: 416
View: 9004

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This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the idea of rationality and explores its implications for multiperson decision problems through concepts like dominated strategies and rationalizability. Only then does it present the subject of Nash equilibrium and its derivatives. Game Theory is the ideal textbook for advanced undergraduate and beginning graduate students. Throughout, concepts and methods are explained using real-world examples backed by precise analytic material. The book features many important applications to economics and political science, as well as numerous exercises that focus on how to formalize informal situations and then analyze them. Introduces the core ideas and applications of game theory Covers static and dynamic games, with complete and incomplete information Features a variety of examples, applications, and exercises Topics include repeated games, bargaining, auctions, signaling, reputation, and information transmission Ideal for advanced undergraduate and beginning graduate students Complete solutions available to teachers and selected solutions available to students

Lifecycle Investing

A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio (Large Print 16pt)
Author: Ian Ayres,Barry Nalebuff
Publisher: ReadHowYouWant.com
ISBN: 1458758427
Category:
Page: 356
View: 7467

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Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds. What if we were all missing out on another free lunch that's right under our noses? In Lifecycle Investing, Barry Nalebuff and Ian Ayres - two of the most innovative thinkers in business, law, and economics - have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young - a controversial idea that sparked hate mail when the authors first floated it in the pages of Forbes - investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns. In Lifecycle Investing, readers will learn.

Good Strategy, Bad Strategy

The Difference and Why It Matters
Author: Richard P. Rumelt
Publisher: Crown Pub
ISBN: 0307886239
Category: Business & Economics
Page: 322
View: 4548

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Argues that a manager's central responsibility is to create and implement strategies, challenges popular motivational practices, and shares anecdotes discussing how to enable action-oriented plans for real-world results.