Neuware - This book uses game theory techniques to address practical business, economic, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of other parties. The authors show how to build a model, analyze real-world problems, and find strategically sound decisions in uncertain environments. Through case studies from a variety of industries, law, and government regulation, they discuss economic and game theory concepts, including strategic value within a business game, static and dynamic games, complete and incomplete information sets, and asymmetric information. Bestandsnummer des Verk�ufers 9781584888437

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Bibliografische Details

Titel: Applied Game Theory and Strategic Behavior

Verlag: Taylor & Francis Ltd (Sales) Jul 2009

Erscheinungsdatum: 2009

Einband: Buch

Zustand: Neu

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Useful Tools to Help Solve Decision Making Problems

Applied Game Theory and Strategic Behavior demonstrates the use of various game theory techniques to address practical business, economic, legal, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of other parties.

Real-world applications of game theoryExploring a variety of games, the book outlines the process of modeling game theory questions while thinking strategically. It introduces core concepts through simple examples and case studies taken from the authors’ consulting work in the automotive, beer, wine, and spirits industries as well as in debates over government regulation. The authors include newly developed software applications that can construct and solve game theory models and present strategic options in clear, visual diagrams.

Out of the box and into the business worldStriking the right balance between necessary mathematics and practical applications, this book shows how game theory can be used in real life, not just in mathematical models. It helps readers improve their strategic thinking, define games based on actual situations, model games with payoffs and probabilities, and make strategically sound decisions.

�ber die Autorin bzw. den Autor:

A senior consultant at Anderson Economic Group, Ilhan Kubilay Ge�kil specializes in corporate finance, economics, business valuation, risk analysis, M&A, and strategic consulting. He provides economic forecasts for Bloomberg’s monthly economic survey. One of his recently published papers was honored as the Edmund A. Mennis Contributed Paper Award of the National Association for Business Economics. Mr. Ge�kil holds a Master’s in Economics from the Eli Broad Graduate School of Management at Michigan State University and a Bachelor’s in Economics from Ko� University in Istanbul, Turkey.

Patrick L. Anderson is the founder and CEO of Anderson Economic Group. Prior to starting his company, Mr. Anderson served as the Chief of Staff for the Michigan Department of State and Deputy Budget Director under former Governor John Engler. A recognized authority on business valuation and commercial damages, Mr. Anderson has provided expert testimony, management, and strategic consulting. He is the executive editor of three edition of the State Economic Handbook and has written more than 100 published works, including the book Business Economics and Finance and a chapter in Litigation Economics. Mr. Anderson is a graduate of the University of Michigan, where he earned a Master’s of Public Policy and a B.A. in political science.

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