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Out-think!: How to Use Game Theory to Outsmart Your Competition

by Sumit Sarkar SAGE Publications Pvt. Ltd
Pub Date:
01/2016
ISBN:
9789351505631
Format:
Pbk 236 pages
Price:
AU$39.99 NZ$42.60
Product Status: In Stock Now
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Business managers make decisions in an interactive strategic environment that resembles games. ‘Out-Think’ makes game theoretic concepts usable for strategic decision-makers and functional managers.


 


The book exposes the reader to game theory concepts using examples not only from the domain of business, but also from the fields of professional sports, parlour games like chess, poker etc., and military practices.

Preface
Acknowledgements
What Managers Can Learn From Game Theory?
Business and Chess: Looking Forward, Reasoning Backward
Prisoner's Dilemma
Coordination and Anti-coordination Games
Strategic Moves: Threats, Promises and Commitment
Trust, Credibility and Collusion in Repeated Games
Business Poker: Playing Games with Limited Information
Smart Negotiations
Epilogue
Bibliography
Index

Out-think! is a lucidly written book on game theory and strategic thinking. I'm sure decision-makers and functional managers would find it really useful. Sanjay Singh, Professor of Economics, IIM Lucknow

As a practitioner, the book acts as a refresher to the various principles taught by Dr Sarkar that I continue to use in my professional life. Abhishek Kumar, Principal Consultant, Utilities Leader, Energy & Environment, APAC, Frost & Sullivan

A wonderful mental workout for every strategist, game theory professor and aspiring CEO. Full of paradoxes, puzzles and flashes of insights. Rohit Prasad, Associate Professor, MDI Gurgaon
Sumit Sarkar - XLRI, Jamshedpur