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Title: Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life by Avinash K. Dixit, Barry Nalebuff ISBN: 0-393-31035-3 Publisher: W.W. Norton & Company Pub. Date: April, 1993 Format: Paperback Volumes: 1 List Price(USD): $16.95 |
Average Customer Rating: 4.63 (19 reviews)
Rating: 5
Summary: A fun read
Comment: For anyone who enjoyed the movie A Beautiful Mind with Russel Crowe playing the Nobel prize winning Professor John Nash, this book does a great job explaining the principles behind Game Theory (prisoner's dilemma etc.) without being too mathematical. After reading you will see Strategy everywhere.
Rating: 4
Summary: Shoot into the Air
Comment: Larry, Mo and Curly have undertaken a three-way duel. There will be two rounds. In the first round, each player gets one shot - first Larry, then Mo, then Curly. At the end of the first round, each survivor gets a second shot, in the same order. Larry is a poor shot, with a 30 percent success rate. Mo is better: he hits 50 percent. Curly never misses.
What should Larry do? The answer is that he should shoot into the air. By wasting his shot, he maximizes his chances of survival. Such is the analysis of the authors of this remarkable introduction to game theory.
One virtue of this book is its geniality: For Dixit and Nalebuff, game theory is full of anecdote and surprise, and they give you the sense that they like nothing better than to share their enthusiasm with others. (Geniality footnote: I probbly shouldn't noise this around, but one day I ran into a problem with an equation in a (different) Dixit book. I sent him an email; I got a response in an hour). A tradeoff for geniality is that they pay a price in structure: to get a coherent framework - even for some of their own best stories - you may have to go elsewhere (Professor Rappaport's textbook may be a good second choice). But it is hard to find any book that does better at conveying a sense of the excitement and challenge of game theory as a discipline).
Comparison shopper's note: I've used this in working with law students. Game Theory for Lawyers, by Baird, Gertner and Jackson, might seem closer on point. But it lacks those little four-block boxes that are a staple of game theory instruction, and for a beginner is bound to be pretty impenetrable without them.
Rating: 5
Summary: How to think differently
Comment: Winning takes good strategy. This book will help you to formulate a strategy like one would strategize in a chess game. The book will enable you to think differently about life's challenges and how to overcome them. It is a shame so many good books on strategy and winning are business books because the theories outlined in this book can be used in every aspect of one's life. If you believe logical processes and planning leads to a good winning strategy, then definitely buy this book. It will enable you to reach new heights in formulating a proper winning strategy.
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Title: Co-Opetition : A Revolution Mindset That Combines Competition and Cooperation : The Game Theory Strategy That's Changing the Game of Business by Adam M. Brandenburger, Barry J. Nalebuff ISBN: 0385479506 Publisher: Doubleday Pub. Date: 29 December, 1997 List Price(USD): $18.95 |
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Title: Games of Strategy by Avinash K. Dixit, Susan Skeath ISBN: 0393974219 Publisher: W.W. Norton & Company Pub. Date: July, 1999 List Price(USD): $93.75 |
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Title: The Complete Strategyst : Being a Primer on the Theory of Games of Strategy by J. D. Williams ISBN: 0486251012 Publisher: Dover Pubns Pub. Date: 01 May, 1986 List Price(USD): $9.95 |
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Title: Games Strategies and Managers by John McMillan ISBN: 0195108035 Publisher: Oxford Press Pub. Date: May, 1996 List Price(USD): $19.95 |
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Title: Game Theory at Work: How to Use Game Theory to Outthink and Outmaneuver Your Competition by James D. Miller ISBN: 0071400206 Publisher: McGraw-Hill Trade Pub. Date: 13 March, 2003 List Price(USD): $24.95 |
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