eBook - ePub

Game Theory in Management

Name: Game Theory in Management
ISBN: 9781317131014

Modelling Business Decisions and their Consequences

Michael Hatfield,

214 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Game Theory in Management

Modelling Business Decisions and their Consequences

Michael Hatfield,

About this book

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.

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Yes, you can access Game Theory in Management by Michael Hatfield in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.