Decision Making Using Game Theory: An Introduction for Managers

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Decision Making Using Game Theory: An Introduction for Managers image
ISBN-10:

0521814626

ISBN-13:

9780521814621

Author(s): Kelly, Anthony
Released: May 19, 2003
Format: Hardcover, 216 pages
Related ISBN: 9781107402676

Description:

Game theory is a key element in most decision making processes involving two or more people or organizations. This book explains how game theory can predict the outcome of complex decision making processes, and how it can help to improve negotiation and decision-making skills. It is grounded in well-established theory, yet the wide-ranging international examples used to illustrate its application offer a fresh approach to what is becoming an essential weapon in the armory of the informed manager. The book is accessibly written, explaining in simple terms the underlying mathematics behind games of skill. It analyzes more sophisticated topics such as zero-sum games, mixed-motive games, and multi-person games, coalitions and power. Clear examples and helpful diagrams are used throughout, and the mathematics is kept to a minimum. Written for managers, students and decision-makers in every field.

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