Decision Making Using Game Theory (Summary)

ebook An Introduction for Managers

By Anthony Kelly

cover image of Decision Making Using Game Theory (Summary)

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getAbstract Summary: Get the key points from this book in less than 10 minutes.

Anthony Kelly's book will help you take a step back from the day-to-day fray, and be more strategic in your approach to solving problems. He explains that during conflicts, people operate in their own perceived best interests. Sometimes, combatants can find a common ground, but sometimes the conflict is a "zero-sum game," with a winner and a loser. To come out on top as a player or manager, take advantage of the approaches and concepts of game theory. A word of caution, this volume relies heavily on formulas and decision-trees that may be beyond the ready grasp of non-technically minded managers. For those who want to put emotion aside and think strategically, however, reading this book is a rational move. getAbstract.com recommends it to those with mathematical or analytical skills, and finds that it will prove useful even to non-analysts who want to learn the fundamental concepts of game theory.

Book Publisher:

Cambridge UP

Decision Making Using Game Theory (Summary)