Game Theory In Management

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Game Theory in Management

Mr Michael Hatfield
Game Theory in Management Book PDF

Author : Mr Michael Hatfield
Publisher : Gower Publishing, Ltd.
Page : 215 pages
File Size : 55,8 Mb
Release : 2012-09-28
Category : Business & Economics
ISBN : 9781409459408

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Game Theory in Management by Mr Michael Hatfield Pdf

Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game Theory in Management also examines managerial implications from network theory, cartage schemes, risk management theory, management information system epistemology, and other areas where the quantification and testing of business decisions can be employed to identify winning and losing stratagems. While the topic may seem complex, Game Theory in Management is a readable and fast-paced book; readers will come away with an entirely new perspective on the objectives, tactics, even purpose of management, and ways of evaluating the selected strategies and decisions of those within the team, inside the macro organization, and among competitors. Easily-employed tests for the validity and efficacy of management information systems are also addressed, as are those environments where cartage schemes can be most effective, and where they are not. In the areas of asset, project, and strategic management, Game Theory in Management is certain to become a game-changer.

Game Theory

Aviad Heifetz
Game Theory Book PDF

Author : Aviad Heifetz
Publisher : Cambridge University Press
Page : 461 pages
File Size : 44,7 Mb
Release : 2012-05-31
Category : Business & Economics
ISBN : 9780521176040

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Game Theory by Aviad Heifetz Pdf

A guide to the fundamentals of game theory for undergraduates and MBA students.

Game Theory in Management Accounting

David Mueller,Ralf Trost
Game Theory in Management Accounting Book PDF

Author : David Mueller,Ralf Trost
Publisher : Springer
Page : 450 pages
File Size : 40,6 Mb
Release : 2017-09-21
Category : Business & Economics
ISBN : 9783319616032

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Game Theory in Management Accounting by David Mueller,Ralf Trost Pdf

This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.

Decision Making Using Game Theory

Anthony Kelly
Decision Making Using Game Theory Book PDF

Author : Anthony Kelly
Publisher : Cambridge University Press
Page : 228 pages
File Size : 43,5 Mb
Release : 2003-03-27
Category : Business & Economics
ISBN : 1139438131

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Decision Making Using Game Theory by Anthony Kelly Pdf

Game theory is a key element in most decision-making processes involving two or more people or organisations. This book explains how game theory can predict the outcome of complex decision-making processes, and how it can help you to improve your own 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 an essential weapon in the armoury of the informed manager. The book is accessibly written, explaining in simple terms the underlying mathematics behind games of skill, before moving on to 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. It is written for managers, students and decision makers in any field.

Game Theory for Security and Risk Management

Stefan Rass,Stefan Schauer
Game Theory for Security and Risk Management Book PDF

Author : Stefan Rass,Stefan Schauer
Publisher : Springer
Page : 418 pages
File Size : 49,5 Mb
Release : 2018-07-06
Category : Mathematics
ISBN : 9783319752686

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Game Theory for Security and Risk Management by Stefan Rass,Stefan Schauer Pdf

The chapters in this volume explore how various methods from game theory can be utilized to optimize security and risk-management strategies. Emphasizing the importance of connecting theory and practice, they detail the steps involved in selecting, adapting, and analyzing game-theoretic models in security engineering and provide case studies of successful implementations in different application domains. Practitioners who are not experts in game theory and are uncertain about incorporating it into their work will benefit from this resource, as well as researchers in applied mathematics and computer science interested in current developments and future directions. The first part of the book presents the theoretical basics, covering various different game-theoretic models related to and suitable for security engineering. The second part then shows how these models are adopted, implemented, and analyzed. Surveillance systems, interconnected networks, and power grids are among the different application areas discussed. Finally, in the third part, case studies from business and industry of successful applications of game-theoretic models are presented, and the range of applications discussed is expanded to include such areas as cloud computing, Internet of Things, and water utility networks.

Game Theory

50MINUTES,
Game Theory Book PDF

Author : 50MINUTES,
Publisher : 50 Minutes
Page : 43 pages
File Size : 51,5 Mb
Release : 2015-09-02
Category : Business & Economics
ISBN : 9782806265883

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Game Theory by 50MINUTES, Pdf

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.

Game Theory in Management

Michael Hatfield
Game Theory in Management Book PDF

Author : Michael Hatfield
Publisher : Routledge
Page : 212 pages
File Size : 48,6 Mb
Release : 2016-04-15
Category : Business & Economics
ISBN : 9781317131021

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Game Theory in Management by Michael Hatfield Pdf

Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game Theory in Management also examines managerial implications from network theory, cartage schemes, risk management theory, management information system epistemology, and other areas where the quantification and testing of business decisions can be employed to identify winning and losing stratagems.

Games, Strategies, and Managers

John McMillan
Games Strategies and Managers Book PDF

Author : John McMillan
Publisher : Oxford University Press
Page : 268 pages
File Size : 41,5 Mb
Release : 1992
Category : Business & Economics
ISBN : 0195108035

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Games, Strategies, and Managers by John McMillan Pdf

Managers are continually called on to make strategic decisions based on how someone else will act, and react, and this is exactly what game theory was invented to analyze. With the publication of John McMillan's 'Games, Strategies, and Managers, ' managers can now unlock the power of this bold way of thinking. The book strips away distracting details and provides insights into what is really going on in every negotiation and strategic decision.

Decision and Game Theory in Management With Intuitionistic Fuzzy Sets

Deng-Feng Li
Decision and Game Theory in Management With Intuitionistic Fuzzy Sets Book PDF

Author : Deng-Feng Li
Publisher : Springer
Page : 444 pages
File Size : 46,8 Mb
Release : 2013-11-12
Category : Technology & Engineering
ISBN : 9783642407123

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Decision and Game Theory in Management With Intuitionistic Fuzzy Sets by Deng-Feng Li Pdf

The focus of this book is on establishing theories and methods of both decision and game analysis in management using intuitionistic fuzzy sets. It proposes a series of innovative theories, models and methods such as the representation theorem and extension principle of intuitionistic fuzzy sets, ranking methods of intuitionistic fuzzy numbers, non-linear and linear programming methods for intuitionistic fuzzy multi-attribute decision making and (interval-valued) intuitionistic fuzzy matrix games. These theories and methods form the theory system of intuitionistic fuzzy decision making and games, which is not only remarkably different from those of the traditional, Bayes and/or fuzzy decision theory but can also provide an effective and efficient tool for solving complex management problems. Since there is a certain degree of inherent hesitancy in real-life management, which cannot always be described by the traditional mathematical methods and/or fuzzy set theory, this book offers an effective approach to using the intuitionistic fuzzy set expressed with membership and non-membership functions. This book is addressed to all those involved in theoretical research and practical applications from a variety of fields/disciplines: decision science, game theory, management science, fuzzy sets, operational research, applied mathematics, systems engineering, industrial engineering, economics, etc.

GAME THEORY FOR MANAGERS

CHADHA, ALKA
GAME THEORY FOR MANAGERS Book PDF

Author : CHADHA, ALKA
Publisher : PHI Learning Pvt. Ltd.
Page : 240 pages
File Size : 42,6 Mb
Release : 2020-07-01
Category : Mathematics
ISBN : 9789388028820

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GAME THEORY FOR MANAGERS by CHADHA, ALKA Pdf

The new edition of the book has been streamlined for effective reading and clarity. It explains the concepts of game theory in a way that is easy to understand and will be useful for the students of MBA programmes. It will help the readers to think strategically in interactions that they may encounter as managers. The book uses a mix of mathematics and intuitive reasoning for efficient learning outcomes. The case studies dwell on diverse issues such as politics, diplomacy, geopolitics, movies, sports, health care, environment, besides business and economics. Each chapter includes Solved Examples, Summary, Key Words and Exercises. An Instructor’s Manual is available for professors who adopt this book that includes PowerPoint slides, answers to select problems given in the text and a variety of multiple-choice questions. The second edition of the book has expanded the text and included more diagrams for a clearer understanding of concepts such as mixed strategy games, duopoly games, strategic moves and coalition games. It has also updated case-studies on current topics including corona virus pandemic, oil crash, trade war, arms race escalation, etc. TARGET AUDIENCE Management Students

Game Theory and Fisheries Management

Lone Grønbæk,Marko Lindroos,Gordon Munro,Pedro Pintassilgo
Game Theory and Fisheries Management Book PDF

Author : Lone Grønbæk,Marko Lindroos,Gordon Munro,Pedro Pintassilgo
Publisher : Springer Nature
Page : 155 pages
File Size : 48,8 Mb
Release : 2020-02-18
Category : Mathematics
ISBN : 9783030401122

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Game Theory and Fisheries Management by Lone Grønbæk,Marko Lindroos,Gordon Munro,Pedro Pintassilgo Pdf

This book is the first to present in a systematic manner the application of game theory to fisheries management at both international and national levels. Strategic interaction among fishers and nations exploiting fishery resources is an inescapable fact of life. This has long been recognized at the international level, and is becoming increasingly recognized at the national/regional level. It follows, therefore, that, in order to be able to analyse effectively the management of these resources, the theory of strategic interaction ̶ game theory ̶ must be brought to bear. In this book the step-by-step development of the game theory is accompanied by numerous applications to the real world of fisheries management policy. As such, it is designed to appeal to policy makers and stakeholders, as well as to graduate students in Economics.

Game Theory

E. N. Barron
Game Theory Book PDF

Author : E. N. Barron
Publisher : John Wiley & Sons
Page : 437 pages
File Size : 43,6 Mb
Release : 2011-02-14
Category : Mathematics
ISBN : 9781118030653

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Game Theory by E. N. Barron Pdf

A fundamental introduction to modern game theory from a mathematical viewpoint Game theory arises in almost every fact of human and inhuman interaction since oftentimes during these communications objectives are opposed or cooperation is viewed as an option. From economics and finance to biology and computer science, researchers and practitioners are often put in complex decision-making scenarios, whether they are interacting with each other or working with evolving technology and artificial intelligence. Acknowledging the role of mathematics in making logical and advantageous decisions, Game Theory: An Introduction uses modern software applications to create, analyze, and implement effective decision-making models. While most books on modern game theory are either too abstract or too applied, this book provides a balanced treatment of the subject that is both conceptual and hands-on. Game Theory introduces readers to the basic theories behind games and presents real-world examples from various fields of study such as economics, political science, military science, finance, biological science as well as general game playing. A unique feature of this book is the use of Maple to find the values and strategies of games, and in addition, it aids in the implementation of algorithms for the solution or visualization of game concepts. Maple is also utilized to facilitate a visual learning environment of game theory and acts as the primary tool for the calculation of complex non-cooperative and cooperative games. Important game theory topics are presented within the following five main areas of coverage: Two-person zero sum matrix games Nonzero sum games and the reduction to nonlinear programming Cooperative games, including discussion of both the Nucleolus concept and the Shapley value Bargaining, including threat strategies Evolutionary stable strategies and population games Although some mathematical competence is assumed, appendices are provided to act as a refresher of the basic concepts of linear algebra, probability, and statistics. Exercises are included at the end of each section along with algorithms for the solution of the games to help readers master the presented information. Also, explicit Maple and Mathematica® commands are included in the book and are available as worksheets via the book's related Web site. The use of this software allows readers to solve many more advanced and interesting games without spending time on the theory of linear and nonlinear programming or performing other complex calculations. With extensive examples illustrating game theory's wide range of relevance, this classroom-tested book is ideal for game theory courses in mathematics, engineering, operations research, computer science, and economics at the upper-undergraduate level. It is also an ideal companion for anyone who is interested in the applications of game theory.

Potential Game Theory

Quang Duy Lã,Yong Huat Chew,Boon-Hee Soong
Potential Game Theory Book PDF

Author : Quang Duy Lã,Yong Huat Chew,Boon-Hee Soong
Publisher : Springer
Page : 158 pages
File Size : 52,9 Mb
Release : 2016-05-26
Category : Technology & Engineering
ISBN : 9783319308692

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Potential Game Theory by Quang Duy Lã,Yong Huat Chew,Boon-Hee Soong Pdf

This book offers a thorough examination of potential game theory and its applications in radio resource management for wireless communications systems and networking. The book addresses two major research goals: how to identify a given game as a potential game, and how to design the utility functions and the potential functions with certain special properties in order to formulate a potential game. After proposing a unifying mathematical framework for the identification of potential games, the text surveys existing applications of this technique within wireless communications and networking problems found in OFDMA 3G/4G/WiFi networks, as well as next-generation systems such as cognitive radios and dynamic spectrum access networks. Professionals interested in understanding the theoretical aspect of this specialized field will find Potential Game Theory a valuable resource, as will advanced-level engineering students. It paves the way for extensive and rigorous research exploration on a topic whose capacity for practical applications is vast but not yet fully exploited.

Game Theory Approach to Managerial Strategies and Value Creation

Abdelhakim Hammoudi,Nabyla Daidj
Game Theory Approach to Managerial Strategies and Value Creation Book PDF

Author : Abdelhakim Hammoudi,Nabyla Daidj
Publisher : John Wiley & Sons
Page : 293 pages
File Size : 45,5 Mb
Release : 2018-03-13
Category : Business & Economics
ISBN : 9781848219731

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Game Theory Approach to Managerial Strategies and Value Creation by Abdelhakim Hammoudi,Nabyla Daidj Pdf

Economic players must often choose between several strategic options in a fierce competitive environment where interactions with competitors make decisions particularly complex. Game theory offers useful insights to choose an optimal decision or at least a basis for making rational decision given the constraints of the stakeholders' environment. In presenting the concepts and the logical structure of the reasoning offered by game theory and their applications, the book explains the rational process of decision making in the framework of firm management and market competition. By avoiding the usual complexity of presentation often due to mathematical formalism, the book proposes a reflection and practical insights of game theory for practitioners (managers, strategists) and social, managerial and economic researchers. The book will expose both general teachings and a comprehensive analysis applied to specific case studies of various sectors of the economy.

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

Avinash K. Dixit,Barry J. Nalebuff
The Art of Strategy A Game Theorist s Guide to Success in Business and Life Book PDF

Author : Avinash K. Dixit,Barry J. Nalebuff
Publisher : W. W. Norton & Company
Page : 512 pages
File Size : 42,8 Mb
Release : 2010-01-04
Category : Business & Economics
ISBN : 0393069958

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The Art of Strategy: A Game Theorist's Guide to Success in Business and Life by Avinash K. Dixit,Barry J. Nalebuff Pdf

“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.