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Game Theory and its application to strategic management - Livres de poche

2009

ISBN: 9783837075403

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Game Theory and its application to strategic management - Livres de poche

2009, ISBN: 9783837075403

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Jäger, Clemens; Höller, Verena:
Game Theory and its application to strategic management - Livres de poche

2009, ISBN: 9783837075403

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Game Theory and its application to strategic management

Wars may be lost, companies may go bankrupt and marriages may end in divorce. Such failures may be due to mistakes in decision-making. Strategic decision-making is of great and growing importance and decision-making in general is indeed the central issue in management and operations. It determines external as well as internal action and reaction. Managers have to make decisions and act so as to avoid bankruptcy but instead ensure the company's livelihood and enhance the company's value. These represent two of the major managerial goals. Shareholders eventually demand constant improvement in performance. It is, however, an art to appropriately assess situations of decision-making. Companies and their environment are typically dynamic and strategy cannot be viewed isolated as its success will depend on the decisions of others also. Game Theory as a theory of interaction provides appealing formal concepts and tools for examining such interdependent strategic behavior in business and economic settings. Although in literature hints can be found that Game Theory is already being applied by managers, the potential of Game Theory has not yet been exploited.

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EAN (ISBN-13): 9783837075403
ISBN (ISBN-10): 3837075400
Version reliée
Livre de poche
Date de parution: 2009
Editeur: Books on Demand
260 Pages
Poids: 0,355 kg
Langue: eng/Englisch

Livre dans la base de données depuis 2007-12-14T23:17:02+01:00 (Zurich)
Page de détail modifiée en dernier sur 2024-02-28T22:42:08+01:00 (Zurich)
ISBN/EAN: 9783837075403

ISBN - Autres types d'écriture:
3-8370-7540-0, 978-3-8370-7540-3
Autres types d'écriture et termes associés:
Auteur du livre: jaeger, hãller, hoeller, jäger, höller, jager und
Titre du livre: game theory, strategic management, more than game, game over, the inner game


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