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Games businesses play : cases and models
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Games businesses play : cases and models

Author: Pankaj Ghemawat
Publisher: Cambridge, Mass. : MIT Press, ©1997.
Edition/Format: Book : EnglishView all editions and formats
Summary:
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  Read more...
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Details

Document Type: Book
All Authors / Contributors: Pankaj Ghemawat
ISBN: 0262071827 9780262071826
OCLC Number: 36364203
Description: xvi, 255 p. : ill. ; 23 cm.
Contents: Game theory and business strategy -- Relative prices and backlogs in the large turbine generator industry -- Preemptive capacity expansion in the titanium dioxide industry -- Capacity reduction in the declining chemical processing industries -- Product innovation in the private branch exchange industry -- Process innovation in the steel industry -- Entry and deterrence in British satellite broadcasting -- Conclusions.
Responsibility: Pankaj Ghemawat.

Abstract:

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 lights 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.

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