BUSINESS, A GAME OF STRATEGY. GAME THEORY IN PRACTICE
BUSINESS, A GAME OF STRATEGY. GAME THEORY IN PRACTICE

Summary/Abstract: This paper offers a brand new perspective on how game theory influences players actions in business. The general scope of this analysis is to stress the importance of game theory, as an useful instrument for prediction, regarding the way future events might take place. Game theory focuses directly on the most pressing issue of all: finding the right strategies and making the right decisions. I decided to take into consideration this subject because game theory could become a highly efficient instrument for managers, as long as they use it cautiously (taking into consideration the limits of this instrument).

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