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Games, Strategies and Managers - Hardcover

 
9780195074307: Games, Strategies and Managers

Synopsis

This textbook provides a complete and accessible introduction to game theory and will prove especially valuable to business students and practising business-people. It covers all aspects of the subject: conflict and risk, negotiating, commitment as a bargaining technique, bidding, theoretical and empirical analysis of structuring incentives, trading risks, private information, and decisions about information acquisition. It ends with suggestions of how ideas from game theory might be used as an aid to reasoning through an actual strategic situation. This book is intended for managers and negotiators; students on courses on strategic analysis in business schools; undergraduate students on courses in microeconomics.

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Review

`Games, Strategies, and Managers will be helpful for both beginning managers and for advanced planners. In fact, I would recommend that anyone engaged in US-Japan negotiations - including the US Office of the Trade Representative and the Japanese Ministry of International Trade and Industry - read this book.' Akira Omori, Arthur Anderson & Co

`McMillan clearly and straightforwardly explains the most important insights of game theory ... We have long needed a book like this to make the power of game theory accessible.' Roger Myerson, Northwestern University

`excellent introduction to strategic problems in economics ... The book is aimed at MBA students with little previous experience of mathematics or economics ... it could also be used to introduce these topics to undergraduates. In my opinion this book is very useful for students and others who require a quick introduction to recent developments in economic theory.'Economic Journal

From the Back Cover

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.

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  • PublisherOxford University Press
  • Publication date1992
  • ISBN 10 0195074300
  • ISBN 13 9780195074307
  • BindingHardcover
  • Number of pages262

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9780195108033: Games, Strategies, and Managers: How Managers Can Use Game Theory to Make Better Business Decisions

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ISBN 10:  0195108035 ISBN 13:  9780195108033
Publisher: Oxford University Press, USA, 1996
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