Game Theory Approach To Managerial Strategies And Value Creation PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Game Theory Approach To Managerial Strategies And Value Creation PDF full book. Access full book title Game Theory Approach To Managerial Strategies And Value Creation.
| Author | : Abdelhakim Hammoudi |
| Publisher | : John Wiley & Sons |
| Total Pages | : 293 |
| Release | : 2018-03-13 |
| Genre | : Business & Economics |
| ISBN | : 1848219733 |
Download Game Theory Approach to Managerial Strategies and Value Creation Book in PDF, ePub and Kindle
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.
| Author | : Anthony Kelly |
| Publisher | : Cambridge University Press |
| Total Pages | : 228 |
| Release | : 2003-03-27 |
| Genre | : Business & Economics |
| ISBN | : 9781139438131 |
Download Decision Making Using Game Theory Book in PDF, ePub and Kindle
Game theory is a key element in most decision-making processes involving two or more people or organisations. This book explains how game theory can predict the outcome of complex decision-making processes, and how it can help you to improve your own negotiation and decision-making skills. It is grounded in well-established theory, yet the wide-ranging international examples used to illustrate its application offer a fresh approach to an essential weapon in the armoury of the informed manager. The book is accessibly written, explaining in simple terms the underlying mathematics behind games of skill, before moving on to more sophisticated topics such as zero-sum games, mixed-motive games, and multi-person games, coalitions and power. Clear examples and helpful diagrams are used throughout, and the mathematics is kept to a minimum. It is written for managers, students and decision makers in any field.
| Author | : Juan Pablo Stegmann |
| Publisher | : John Wiley & Sons |
| Total Pages | : 396 |
| Release | : 2009-10-05 |
| Genre | : Business & Economics |
| ISBN | : 047046710X |
Download Strategic Value Management Book in PDF, ePub and Kindle
Innovative strategic management solutions for today's market Strategic Value Management addresses common problems among business managers and other professionals involved in thinking about developing and managing organizations. In it, author Juan Pablo Stegmann integrates all strategic management and business strategy into an innovative standard that introduces key metrics to strategic management and stock value creation. He argues that most complex business issues can be reduced to the three dimensions of stock value creation-profits, sales growth, and capital-that are linked to three critical strategic management decisions-competition, innovation, and resources. His new approach indicates that every strategy has a clear dollar metric, which can measure its consequences of the strategies in terms of stock value. Competitive and growth strategies are analyzed along with economic, financial, dynamic, and contingent approaches Includes a companion CD-ROM, which contains Stegmann's proven model for strategic management and stock value creation Ethical consequences of strategic decisions are introduced-showing how ethics are linked to long-term stock value creation Explains the roots of the current financial crisis by examining the link between the financial world and strategic management, and proposes possible solutions For any looking to enhance their understanding of this discipline, Strategic Value Management offers a new conceptual model for thinking about business strategy and its link to stock value creation.
| Author | : Han T. J. Smit |
| Publisher | : Princeton University Press |
| Total Pages | : 504 |
| Release | : 2012-01-12 |
| Genre | : Business & Economics |
| ISBN | : 1400829399 |
Download Strategic Investment Book in PDF, ePub and Kindle
Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on the same broad problem, investment decision-making, the gap between the two sides--and between theory and practice--remains embarrassingly large. This book synthesizes cutting-edge developments in corporate finance and related fields--in particular, real options and game theory--to help bridge this gap. In clear, straightforward exposition and through numerous examples and applications from various industries, Han Smit and Lenos Trigeorgis set forth an extended valuation framework for competitive strategies. The book follows a problem-solving approach that synthesizes ideas from game theory, real options, and strategy. Thinking in terms of options-games can help managers address questions such as: When is it best to invest early to preempt competitive entry, and when to wait? Should a firm compete in R&D or adopt an accommodating stance? How does one value growth options or infrastructure investments? The authors provide a wide range of valuation examples, such as acquisition strategies, R&D investment in high-tech sectors, joint research ventures, product introductions in consumer electronics, infrastructure, and oil exploration investment. Representing a major step beyond standard real options or strategy analysis, and extending the power of real options and strategic thinking in a rigorous fashion, Strategic Investment will be an indispensable guide and resource for corporate managers, MBA students, and academics alike.
| Author | : Benoit Chevalier-Roignant |
| Publisher | : MIT Press |
| Total Pages | : 517 |
| Release | : 2011-12-22 |
| Genre | : Business & Economics |
| ISBN | : 0262297833 |
Download Competitive Strategy Book in PDF, ePub and Kindle
A new paradigm for balancing flexibility and commitment in management strategy through the amalgamation of real options and game theory. Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior, or they can take a “wait and see” approach to avoid adverse market consequences tomorrow. In Competitive Strategy, Benoît Chevalier-Roignant and Lenos Trigeorgis describe an emerging paradigm that can quantify and balance commitment and flexibility, “option games,” by which the decision-making approaches of real options and game theory can be combined. The authors first discuss prerequisite concepts and tools from basic game theory, industrial organization, and real options analysis, and then present the new approach in discrete time and later in continuous time. Their presentation of continuous-time option games is the first systematic coverage of the topic and fills a significant gap in the existing literature. Competitive Strategy provides a rigorous yet pragmatic and intuitive approach to strategy formulation. It synthesizes research in the areas of strategy, economics, and finance in a way that is accessible to readers not necessarily expert in the various fields involved.
| Author | : R. K. Amit |
| Publisher | : Springer Nature |
| Total Pages | : 246 |
| Release | : |
| Genre | : |
| ISBN | : 9819948339 |
Download Game Theory with Applications in Operations Management Book in PDF, ePub and Kindle
| Author | : Michael Hatfield |
| Publisher | : Routledge |
| Total Pages | : 257 |
| Release | : 2016-04-15 |
| Genre | : Business & Economics |
| ISBN | : 1317131010 |
Download Game Theory in Management Book in PDF, ePub and Kindle
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.
| Author | : Timothy C. G. Fisher |
| Publisher | : Psychology Press |
| Total Pages | : 344 |
| Release | : 2002 |
| Genre | : Business & Economics |
| ISBN | : 9780415272889 |
Download Managerial Economics Book in PDF, ePub and Kindle
Using game theory as its theoretical underpinning, this text covers notions of strategy and the motivations of all the agents involved in a particular economic situation, in addition to background concepts.
| Author | : Noémie Dominguez |
| Publisher | : John Wiley & Sons |
| Total Pages | : 258 |
| Release | : 2018-03-15 |
| Genre | : Business & Economics |
| ISBN | : 1119516463 |
Download SME Internationalization Strategies Book in PDF, ePub and Kindle
Internationalization is a strategic issue for companies as it is today the central axis for the development of small and medium-sized enterprises (SMEs). Market expansion and the growing importance of emerging markets offer new development opportunities for SMEs to use innovative strategies - such as head-deck strategies - to effectively penetrate these markets. This book focuses on understanding these new strategies. Why do SMEs use head-of-bridge strategies in order to internationalize? How do they deploy such strategies abroad? Based on the example of five manufacturing SMEs, which are at different stages of internationalization, this book highlights the main motivations, stages of deployment but also difficulties encountered in this direction. This book is a tool for assessing potential locations and provide managers with a new alternative in terms of internationalization, enabling rapid identification of key stakeholders, adapting their international development plan and anticipating potential pitfalls.
| Author | : Hans Peters |
| Publisher | : Springer |
| Total Pages | : 493 |
| Release | : 2015-06-04 |
| Genre | : Mathematics |
| ISBN | : 3662469502 |
Download Game Theory Book in PDF, ePub and Kindle
This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level. It is the second, revised version of the successful 2008 edition. The book covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise level. It includes chapters on repeated games, social choice theory, and selected topics such as bargaining theory, exchange economies, and matching. Part II goes deeper into noncooperative theory and treats the theory of zerosum games, refinements of Nash equilibrium in strategic as well as extensive form games, and evolutionary games. Part III covers basic concepts in the theory of transferable utility games, such as core and balancedness, Shapley value and variations, and nucleolus. Some mathematical tools on duality and convexity are collected in Part IV. Every chapter in the book contains a problem section. Hints, answers and solutions are included.
