Applied Game Theory and Strategic Behavior pdf

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Applied Game Theory and Strategic Behavior by Ilhan Kubilay Geckil and Patrick L. Anderson pdf download

Applied Game Theory and Strategic Behavior by Ilhan Kubilay Geckil and Patrick L. Anderson pdf download. The purpose of this book is to demonstrate the use of game theory techniques to address practical issues in business, applied economics, and public policy; as well as to demonstrate the benefits of strategic thinking that incorporates uncertainty about the behavior of other parties. Studying game theory often requires trudging through arcane and often daunting mathematics.

Applied Game Theory and Strategic Behavior by Ilhan Kubilay Geckil and Patrick L. Anderson pdf download

Of course, some mathematics are necessary to establish such a theory formally. However, as strategic analysis is practical and useful, game theory should be practical and useful, too. Instead of providing pure theory, this book concentrates on the practical applications of theory. Applications we present in this book will show how to build a model in an interactive decision-making environment in order to analyze real-world problems. Through these applications, we will discuss various economic and game theory concepts, including static and dynamic games, complete and incomplete information sets, asymmetric information, and dominant and dominated strategies. It is our aim to show how game theory can be used in real life, not just in mathematical models.

Applied Game Theory and Strategic Behavior by Ilhan Kubilay Geckil and Patrick L. Anderson pdf download

We want to get game theory out of the box, and into the business world. Our Approach In this book, we introduce various games and outline the process of modeling game theory questions while thinking strategically. Since the intention of this book is to explore real-world applications of game theory, we will introduce the core concepts within examples and case studies taken from the business world and our consulting work, including examples from the automotive industry, the beer, wine, and spirits industry, and government regulation. Game theory provides us with powerful analytical models for different types of consulting projects, including valuation projects, antitrust matters, and projects regarding mergers and acquisition. Upon completing the book, an active reader should be able to improve his strategic thinking, define the game, and model the games with payoffs and probabilities.

Applied Game Theory and Strategic Behavior by Ilhan Kubilay Geckil and Patrick L. Anderson pdf download

Applied Game Theory and Strategic Behavior by Ilhan Kubilay Geckil and Patrick L. Anderson pdf download

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