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Home > Business and Economics > Business and Management > Business strategy > Out-think!: How to Use Game Theory to Outsmart Your Competition
Out-think!: How to Use Game Theory to Outsmart Your Competition

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


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About the Book

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.

Table of Contents:
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

About the Author :
Dr. Sumit Sarkar is presently Professor of Economics at XLRI, Jamshedpur. He is a Ph.D. from the Centre for Economic Studies and Planning, JNU, New Delhi. Before joining XLRI, he was member of the faculty at IIT Kanpur and at IIM Kozhikode. He has also taught at some other IIMs as visiting faculty. His area of research is Applied Game Theory, Industrial Organization Theory, Economics of Network Industries and Auction Theory. His research papers were published in various international journals including The Manchester School, International Journal of Management and Network Economics, Information Technology and People etc. Dr. Sarkar is also a reputed trainer. He conducts Management Development Programs for middle and senior management. In past he conducted training sessions or modules for managers of Forbes Marshall Pvt. Ltd., Tata Chemicals, Mahindra Finance, Mashreq Bank (UAE), NHPC, Hindustan Aeronautics Ltd. Oil India Ltd., Indian Ordinance Factories etc.

Review :
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 A wonderful mental workout for every strategist, game theory professor and aspiring CEO. Full of paradoxes, puzzles and flashes of insights. -- Rohit Prasad


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Product Details
  • ISBN-13: 9789351505631
  • Publisher: Sage Publications India Pvt Ltd
  • Publisher Imprint: Sage Publications India Pvt Ltd
  • Height: 215 mm
  • No of Pages: 236
  • Sub Title: How to Use Game Theory to Outsmart Your Competition
  • Width: 139 mm
  • ISBN-10: 9351505634
  • Publisher Date: /12/2015
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 310 gr


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