Game Theory in Management: Modelling Business Decisions and their Consequences

1st Edition

Michael Hatfield

Routledge
Published October 11, 2016
Reference - 214 Pages
ISBN 9781138252585 - CAT# Y313191

For Instructors Request Inspection Copy

USD$59.95

Currently out of stock
Add to Wish List
FREE Standard Shipping!

Summary

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.

Instructors

We provide complimentary e-inspection copies of primary textbooks to instructors considering our books for course adoption.

Request an
e-inspection copy

Share this Title