Business managers make decisions in an interactive strategic environment that resembles games. ‘Out-Think’ makes game theoretic concepts usable for strategic decision-makers and functional managers. The book exposes the reader to game theory concepts using examples not only from the domain of business, but also from the fields of professional sports, parlour games like chess, poker etc., and military practices.
What Managers Can Learn From Game Theory?
Business and Chess: Looking Forward, Reasoning Backward
Coordination and Anti-coordination Games
Strategic Moves: Threats, Promises and Commitment
Trust, Credibility and Collusion in Repeated Games
Business Poker: Playing Games with Limited Information