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Game Theory Approach to Managerial Strategies and Value Creation (Hardcover)
Loot Price: R4,075
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Game Theory Approach to Managerial Strategies and Value Creation (Hardcover)
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Economic players must often choose between several strategic
options in a fierce competitive environment where interactions with
competitors make decisions particularly complex. Game theory offers
useful insights to choose an optimal decision or at least a basis
for making rational decision given the constraints of the
stakeholders' environment. In presenting the concepts and the
logical structure of the reasoning offered by game theory and their
applications, the book explains the rational process of decision
making in the framework of firm management and market competition.
By avoiding the usual complexity of presentation often due to
mathematical formalism, the book proposes a reflection and
practical insights of game theory for practitioners (managers,
strategists) and social, managerial and economic researchers. The
book will expose both general teachings and a comprehensive
analysis applied to specific case studies of various sectors of the
economy.
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