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This book uses game theory techniques to address practical business, economic, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of other parties. The authors show how to build a model, analyze real-world problems, and find strategically sound decisions in uncertain environments. Through case studies from a variety of industries, law, and government regulation, they discuss economic and game theory concepts, including strategic value within a business game, static and dynamic games, complete and incomplete information sets, and asymmetric information.…mehr

Produktbeschreibung
This book uses game theory techniques to address practical business, economic, and public policy issues. It also illustrates the benefits of employing strategic thinking that incorporates the uncertainty surrounding the behavior of other parties. The authors show how to build a model, analyze real-world problems, and find strategically sound decisions in uncertain environments. Through case studies from a variety of industries, law, and government regulation, they discuss economic and game theory concepts, including strategic value within a business game, static and dynamic games, complete and incomplete information sets, and asymmetric information.
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Autorenporträt
A senior consultant at Anderson Economic Group, Ilhan Kubilay Geçkil specializes in corporate finance, economics, business valuation, risk analysis, M&A, and strategic consulting. He provides economic forecasts for Bloomberg's monthly economic survey. One of his recently published papers was honored as the Edmund A. Mennis Contributed Paper Award of the National Association for Business Economics. Mr. Geçkil holds a Master's in Economics from the Eli Broad Graduate School of Management at Michigan State University and a Bachelor's in Economics from Koç University in Istanbul, Turkey. Patrick L. Anderson is the founder and CEO of Anderson Economic Group. Prior to starting his company, Mr. Anderson served as the Chief of Staff for the Michigan Department of State and Deputy Budget Director under former Governor John Engler. A recognized authority on business valuation and commercial damages, Mr. Anderson has provided expert testimony, management, and strategic consulting. He is the executive editor of three edition of the State Economic Handbook and has written more than 100 published works, including the book Business Economics and Finance and a chapter in Litigation Economics. Mr. Anderson is a graduate of the University of Michigan, where he earned a Master's of Public Policy and a B.A. in political science.