Applications of Game Theory

People are increasingly becoming interested in game theory because it provides a way of elucidating the logical difficulty of a phenomenon and substantiates various alternative courses of decisions and actions. With contributions by experts from across the globe, the select papers in this compendium deal with applications of game theory in the context of R&D strategies of firms; investments in innovative projects; two-person stochastic games where each state has a skew symmetric payoff matrix; study of voting as a decision procedure by committees in firms; and game theory application in wireless communication problems and in the context of an interacting colony of bacteria. This handy volume encompasses advanced research in the field of game theory with novel application domains.

Ram Kumar Mishra is the director of the Institute of Public Enterprise and a fellow of the British Council and the Commonwealth Secretariat. He has been working on key assignments within several ministries of the Indian government. Shaheen is an assistant professor in the faculty of information technology at the Institute of Public Enterprise in India. Jayasree Raveendran is an assistant professor and the coordinator of the research division at the Institute of Public Enterprise. Suresh Deman is a specialist on mergers, acquisitions, and regulations; corporate governance; financial modeling; and other areas of real estate and finance and economics.