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This book primarily addresses various game theory phenomena in the
context of management practice. As such, it helps readers identify
the profound game theory principles behind these phenomena. At the
same time, the game theory principles in the book can also provide
a degree of guidance for solving practical problems.As one of the
main areas in management research, there is already an extensive
body of literature on game theory. However, it remains mainly
theoretical, focusing on abstract arguments and purely numerical
examples purely. This book addresses that gap, helping readers
apply game theory in their actual management or research work.
This book discusses a development in institutional economics and
management science, which provides engineering methods for
institution design. Based on the "Sun Diagram" created by the
author, it uses graphics and calculations to explain that there are
only five fundamental management institution structures, each of
which has a particular management effect. It also demonstrates that
production activities should be managed with different institutions
according to the differences in externalities. This significant
book suggests ways of using institution design to tackle the key
challenges faced by societies today, such as environmental
pollution, over-consumption of natural resources, carbon emissions,
world peace issues and stagnating productivity levels.
This book discusses a development in institutional economics and
management science, which provides engineering methods for
institution design. Based on the "Sun Diagram" created by the
author, it uses graphics and calculations to explain that there are
only five fundamental management institution structures, each of
which has a particular management effect. It also demonstrates that
production activities should be managed with different institutions
according to the differences in externalities. This significant
book suggests ways of using institution design to tackle the key
challenges faced by societies today, such as environmental
pollution, over-consumption of natural resources, carbon emissions,
world peace issues and stagnating productivity levels.
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