Games Businesses Play

Cases and Models

Pankaj Ghemawat

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English

MIT Press
21 August 1997

Company secretary: role & responsibilities

Series: Games Businesses Play

Game theory has come to dominate industrial organization economics, but business strategists continue to debate its usefulness. So far, empirical work on the application of game theory to business strategy has been too limited to force a consensus. As a (partial) remedy, Games Businesses Play uses detailed case studies of competitive interaction to explore the uses and limits of game theory as a tool for business strategists. Because they are analytical rather than descriptive, the case studies are not typical teaching cases. The cases are paired with customized game-theoretic models that cover a wide range of commitment decisions, from short-run commitments such as price to longer-run commitments such as capacity expansion and reduction, product and process innovation, and battles for market share. A variety of quantitative and qualitative techniques are used to test the models' predictions on case data. In addition the book sheds light on a number of other issues important to strategic management, including the resource-based view of the firm and the emergent theory of dynamic capabilities.

By: Pankaj Ghemawat
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 236mm, Width: 159mm, Spine: 23mm
Weight: 476g
ISBN: 9780262525534
ISBN 10: 0262525534
Series: Games Businesses Play
Pages: 274
Publication Date: 21 August 1997
Recommended Age: From 18 years
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Pankaj Ghemawat is Global Professor of Management and Strategy and Director of the Center for the Globalization of Education and Management at the Stern School of Business at New York University and the Anselmo Rubiralta Professor of Global Strategy at IESE Business School.

Reviews for Games Businesses Play: Cases and Models

-- John Sutton, London School of Economics This is the best kind of advertisement for game theory. Lively, provocative and challenging, it offers a fresh approach to a fascinating array of problems in business strategy. -- John Sutton, London School of Economics & quot; This is the best kind of advertisement for game theory. Lively, provocative and challenging, it offers a fresh approach to a fascinating array of problems in business strategy.& quot; -- John Sutton, London School of Economics This is the best kind of advertisement for game theory. Lively, provocative and challenging, it offers a fresh approach to a fascinating array of problems in business strategy. --John Sutton, London School of Economics