Game Theory in Management: Modelling Business Decisions and their Consequences
Michael Hatfield
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Description for Game Theory in Management: Modelling Business Decisions and their Consequences
Paperback. Num Pages: 214 pages. BIC Classification: KJC; KJMB; KJMP; KJSA; KJT; KJU. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 246 x 174. .
Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game ... Read more
Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game ... Read more
Product Details
Format
Paperback
Publication date
2016
Publisher
Taylor & Francis Ltd United Kingdom
Number of pages
214
Condition
New
Number of Pages
214
Place of Publication
London, United Kingdom
ISBN
9781138252585
SKU
V9781138252585
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
About Michael Hatfield
Michael Hatfield, PMP, CCC, EVM, is probably best known as the author of the long running column in PMNetwork magazine, Variance Threshold. Besides PMNetwork, his work has appeared in the Project Management Journal, Cost Engineering, Gantthead, People on Projects, The Measurable News, and even in the Nuclear Weapons Journal. He is the author of Things Your PMO Is ... Read more
Reviews for Game Theory in Management: Modelling Business Decisions and their Consequences
'The subject matter is fairly advanced, Michael's writing style is free of the ponderousness that afflicts so many other books on the subjects of management science or game theory. He makes his points clearly and entertainingly. Just the term epistemology - the study of knowledge and its limits - I found rather daunting. Michael's employment of game theory is thorough, ... Read more