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Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life (Norton Paperback) Paperback – April 17, 1993
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Avinash K. Dixit
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Barry J. Nalebuff
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Print length393 pages
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LanguageEnglish
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PublisherW. W. Norton & Company
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Publication dateApril 17, 1993
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Dimensions5.5 x 1.2 x 8.4 inches
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ISBN-100393310353
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ISBN-13978-0393310351
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Editorial Reviews
Review
Dixit and Nalebuff set out sure-fire rules for thinking about strategy. --David Henderson"
I confess that I have never thought of monetary policy or government as a game, but Professors Dixit and Nalebuff succeed brilliantly in clarifying questions we all face in decision-making, elevated or mundane. --Paul A. Volcker"
Machiavelli is brought up-to-date in this book by Dixit and Nalebuff. They make strategic tools humorous, human, and effective. --Elizabeth Bailey, former dean, Graduate School of Industrial Administration, Carnegie Mellon University"
A fascinating new book that can be read with real pleasure.... The problem is, of course, that if Dixit and Nalebuff can improve your strategic IQ, they can improve your competitor's as well. --David Warsh
To be literate in the modern age, you need to have a general understanding of game theory. Dixit and Nalebuff provide the skeleton key. You'll benefit from Thinking Strategically and enjoy the book. --Paul Samuelson
A fascinating new book that can be read with real pleasure.... The problem is, of course, that if Dixit and Nalebuff can improve your strategic IQ, they can improve your competitor's as well and the Japanese rights were sold months ago. --David Warsh
I confess that I have never thought of monetary policy or government as a game, but Professors Dixit and Nalebuff succeed brilliantly in clarifying questions we all face in decision-making, elevated or mundane. --Paul A. Volcker
Machiavelli is brought up-to-date in this book by Dixit and Nalebuff. They make strategic tools humorous, human, and effective. --Elizabeth Bailey, former dean, Graduate School of Industrial Administration, Carnegie Mellon University
Thinking Strategically gives you the vital components for good and effective negotiating. --Bob Woolf, author of Friendly Persuasion
To be literate in the modern age, you need to have a general understanding of game theory. Dixit and Nalebuff provide the skeleton key. You'll benefit from Thinking Strategically and enjoy the book. --Paul Samuelson
About the Author
Barry J. Nalebuff is the Milton Steinbach Professor at the Yale School of Management. Nalebuff applies game theory to business strategy and is the co-founder of one of America's fastest-growing companies, Honest Tea.
From The Washington Post
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Product details
- Publisher : W. W. Norton & Company; Reissue edition (April 17, 1993)
- Language : English
- Paperback : 393 pages
- ISBN-10 : 0393310353
- ISBN-13 : 978-0393310351
- Item Weight : 14.9 ounces
- Dimensions : 5.5 x 1.2 x 8.4 inches
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Best Sellers Rank:
#136,750 in Books (See Top 100 in Books)
- #264 in Theory of Economics
- #483 in Strategic Business Planning
- #555 in Systems & Planning
- Customer Reviews:
Customer reviews
Top reviews from the United States
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I wish the tone of the book was more focused on how to open a dialogue and make the counterparty think more broadly, so that at least some common goals can be met.
The only thing missing in the book might be Harvard's strategy expert Michael Porter, who is one of the most important proponents on business strategy with his theory of the 5 forces. However Porter's approach is eminently business oriented and it doesn't have much applicability in other types of non-business scenarios.
Thinking Strategically is more a general overview of the most fundamental concepts and theories in strategy and definitely a must read for those interested in understanding more about decision making. Its power for the general public is the easy to understand reading of complex mathematical and economic concepts.
- It is fun to read from page one (This is important to note as I am not a reader, i am a watcher, i love to watch movies)
- It is laid out well, I was infact so impressed that i started making notes as a I read it, and i suggest to get most out of this book make notes.
- Will this help you think strategically, umm I am not so sure, however, it will help you analyze what you read in the newspapers on a daily basis. Be it Budget talks in the white house and how one side is pushing the other over, how they strategize, you can actually guess and understand more than what you read at the surface in the news papers. And trust me it is a cool nerdy feeling. So in a way it helps you look into how people respond and build your best response. So over time it will help train you to become a strong strategist, but don't expect to be running Bain and company by the end of this book.
- Finally Price - you cant beat it, so much knowledge for so little, its like the arm chair economist, you should buy that too, if you like fun reads like this.
While there are a number of other books that discuss the topic of thinking and making decisions, this book set itself apart by the plethora of applied examples. My only criticism is that there is quite a bit of overlap amongst other sections. While that serves the reader who is reading one section at a time well, if you are reading the book cover to cover, you will find some repetition.
I will conclude with one of my top learnings from this book is and I quote: "...it suggests that in the case of making offers, "'Tis better to give than to receive."" This was in reference to tactics on bargaining.
Top reviews from other countries
However, it is important to understand what you are getting from this book. Its aim is to take you through case study after case study to get you into the habit of looking at real world problems and then structuring them into technical game theory set-ups. All the game theory in the book covered ground I already knew well, but that I was not in the habit of applying to situations I faced in the real world.
The technical and mathematical elements are not too difficult, but a basic understanding of game theory would be helpful.
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