Description
This book primarily addresses various game theory phenomena in the context of management practice. As such, it helps readers identify the profound game theory principles behind these phenomena. At the same time, the game theory principles in the book can also provide a degree of guidance for solving practical problems.
As one of the main areas in management research, there is already an extensive body of literature on game theory. However, it remains mainly theoretical, focusing on abstract arguments and purely numerical examples purely. This book addresses that gap, helping readers apply game theory in their actual management or research work.
Table of Contents
Chapter 1 The Fundamentals of Non-cooperative Games.- Chapter 2 Low Efficiency Caused by Non-cooperative Games.- Chapter 3 Free ride, Adverse Selection, Moral Hazard and Separating Equilibrium.- Chapter 4 First-move Advantage and Second-move Advantage.- Chapter 5 Credible Commitment and Credible Threat in Games.- Chapter 6 Coalitional Games.- Chapter 7 Allocating Benefits in Coalitions.- Chapter 8 Coalitions - Disintegration and Stability.- Chapter 9 Bottom line for negotiations and solutions.- Chapter 10 Evolution and Stability.
