Practice Game Theory

Advanced strategic decision-making tools for everyday life. Should one enter a market where someone is in a monopoly position? When is going to the ER a good or a bad decision? Why is it never a good idea for rebels to concede? Practice Game Theory answers all these questions. Think about and solve problems more effectively applying strategic games models to real-life challenges. Learn how top world-leaders analyze and assess their next best moves. Game Theory is a branch of mathematics dedicated to the study of rational, strategic decision-making. You can apply it in many different fields from economics and politics to military strategy, business, and everyday life areas! It focuses on competition and cooperation between intelligent players, analyzing how to optimize one's decisions, considering others' actions. Take your strategic thinking skills to the next level. Albert Rutherford is an internationally bestselling author. His books draw on various sources, from corporate system building, strategic analysis, scientific research, and his life experience. He has been building and improving systems his whole adult life and brings his proven advice to you. Gain competitive edge in business decision-making.

Should you challenge a monopoly? How?

When to accept the status quo?

How do build trust over time?

How to threaten your competition in a credible way?

Practice Game Theory introduces the more complex, extensive form games. In an easy-to-follow way, using relevant examples applicable to any life area, this book will challenge and upgrade the way you think about decision-making. Practice Game Theory and make bold business moves, improve your position in negotiation and competition, avoid getting outplayed, and maximize your gains!