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Game-Changer: Game Theory and the Art of Transforming Strategic Situations by [McAdams, David]
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Game-Changer: Game Theory and the Art of Transforming Strategic Situations Kindle Edition

4.2 out of 5 stars 10 customer reviews

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Length: 304 pages Word Wise: Enabled Enhanced Typesetting: Enabled
Page Flip: Enabled

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Editorial Reviews

From Booklist

As a game-theory business consultant, McAdams sees the game in everything, from the Cold War to the aisles of your supermarket. In a classic mind experiment called the prisoners’ dilemma, he describes the options and four possible outcomes of the confessions of two separated prisoners using a so-called payoff matrix. Each player has a dominant strategy to confess that will maximize his or her own payoff of reduced jail time regardless of the other’s move, yet if they both confess, this advantage is nullified. This dilemma is used throughout the book to illustrate game tactics involved in football, battles of war, the ban on cigarette advertising, competitive pricing strategies, antibiotics resistance, fund-raising, and even the secrecy of the Mafia. McAdams shows how forces such as regulation, trust, and relationships allow marketers to break free of the prisoners’ dilemmas to provide products and services at competitive yet profitable prices. This is an eye-opening treatise on how game theory can help you solve problems not only in the business world but in everyday life as well. --David Siegfried

Review

“Real-life lessons presented in a readily accessible way for the benefit of non-business readers.”
- Kirkus Reviews, Starred Review

“David McAdams’s Game-Changer is a rare book: a nontechnical first introduction to game theory that also offers a fresh perspective, on how the best strategy for playing a game can often be to change the rules. I can see that I’ll have lots of opportunities to recommend it.”
- Alvin E. Roth, winner of the 2012 Nobel Prize in Economics

“Ideally, business strategy books provide both general insights applicable to a broad set of competitive situations and illustrations of the theory that demonstrate the richness of the insight and the practical formulation of strategy. Game-Changer is chock-full of both insight and applications.”
- R. Preston McAfee, author of Competitive Solutions: A Strategist’s Toolkit

“Intriguing…. An absorbing read.”
- Publishers Weekly

Product details

  • File Size: 2287 KB
  • Print Length: 304 pages
  • Page Numbers Source ISBN: 0393239675
  • Publisher: W. W. Norton & Company; 1 edition (January 27, 2014)
  • Publication Date: January 20, 2014
  • Sold by: Amazon Digital Services LLC
  • Language: English
  • ASIN: B00DX5X984
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Not Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled
  • Amazon Best Sellers Rank: #722,594 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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August 27, 2014
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