The Art of strategy : a game theorist's guide to success in business and life /
Avinash K Dixit and Barry J. Nalebuff
- New York : W W Norton, 2008
- xviii, 483p. ; 24cm.
Includes bibliographical references and Index.
Contents:
Preface • Introduction: How Should People Behave in Society? • Part I • Ten Tales of Strategy • Games Solvable by Backward Reasoning • Prisoner's Dilemmas and How to Resolve Them • A Beautiful Equilibrium • Epilogue to Part I • Part II • Choice and Chance • Strategic Moves • Making Strategies Credible • Epilogue to Part II: A Nobel History • Part III • Interpreting and Manipulating Information • Cooperation and Coordination • Auctions, Bidding and Contests • Bargaining • Voting • Incentives • Case Studies • Further Reading • Workouts • Notes • Index
In this volume the authors provide the long-awaited sequel.Game theory means rigorous strategic thinking. It's the art of anticipating one's opponent's next moves, knowing that the rival is trying to do the same thing . Though parts of game theory involve common sense, much is counterintuitive and it can only be mastered by developing a new way of seeing the world. Using case studies, the authors show how nearly every business and personal interaction has a game theory component to it. The authors look at questions such as whether the winners of reality-TV contests are instinctive game theorists or if big-time investors see things that most people miss and what great poker players know that the average person doesn't. Mastering game theory will make the reader more successful in business and life: this lively book is the key to that mastery.
9788130923581 (pbk.)
Decision making. Game theory Strategic planning Strategy