"Thinking Strategically" is written by Professor Avinash K Dixit & Professor Barry J. Nalebuff. Strategic thinking is the art of outdoing an adversary, knowing that the adversary is trying to do the same to you! The science of strategic thinking is called game theory! Whether we are aware of game theory or not, we practice strategic thinking at work and at home everyday! The foundation of game theory consists of some simple basic principles - understanding and applying game theory principles give us competitive advantage! Michael Porter's well known business book "Competitive Strategy" was written drawing on the lessons of game theory for business strategy!
Posted:
yulin on Feb. 24, 2014