Game Changer : Game Theory and the Art of Transforming Strategic Situations

McAdams, David

ISBN 10: 0393239675 / ISBN 13: 9780393239676

Published by Norton & Company, Incorporated, W. W., 2014

About this Item

Used book that is in excellent condition. May show signs of wear or have minor defects.

Seller Inventory # 5901889-6

Bibliographic Details

• Title: Game Changer : Game Theory and the Art of Transforming Strategic Situations
• Publisher: Norton & Company, Incorporated, W. W.
• Publication Date: 2014
• Language: English
• ISBN 10: 0393239675
• ISBN 13: 9780393239676
• Binding: Hardcover
• Edition: 1st Edition.
• Condition: Very Good
• Weight: 1.29 pounds

About this title

Synopsis

A radically new, and easily learned, way to outstrategize your rivals.

“The wise win before they fight, while the ignorant fight to win.” So wrote Zhuge Liang, the great Chinese military strategist. He was referring to battlefield tactics, but the same can be said about any strategic situation. Even seemingly certain defeat can be turned into victory―whether in battle, business, or life―by those with the strategic vision to recognize how to “change the game” to their own advantage.

The aim of David McAdams’s Game-Changer is nothing less than to empower you with this wisdom―not just to win in every strategic situation (or “game”) you face but to change those games and the ecosystems in which they reside to transform your life and our lives together for the better.

Game-Changer develops six basic ways to change games―commitment, regulation, cartelization, retaliation, trust, and relationships―enlivened by countless colorful characters and unforgettable examples from the worlds of business, medicine, finance, military history, crime, sports, and more.

The book then digs into several real-world strategic challenges, such as how to keep prices low on the Internet, how to restore the public’s lost trust in for-charity telemarketers, and even how to save mankind from looming and seemingly unstoppable drug-resistant disease. In each case, McAdams uses the game-theory approach developed in the book to identify the strategic crux of the problem and then leverages that “game-awareness” to brainstorm ways to change the game to solve or at least mitigate the underlying problem.

So get ready for a fascinating journey. You’ll emerge a deeper strategic thinker, poised to change and win all the games you play. In doing so, you can also make the world a better place. “Just one Game-Changer [is] enough to seed and transform an entire organization into a more productive, happier, and altogether better place,” McAdams writes. Just imagine what we can do together.

30 illustrations

About the Author

David McAdams is professor of business administration at Duke University's Fuqua School of Business and economics professor at Duke. Holding a PhD from Stanford's Graduate School of Business and previously associate professor at MIT Sloan, he is a distinguished scholar in microeconomic theory and game theory. McAdams applies his expertise to consulting in market design and strategic business challenges, aiding various firms in auction strategies and mission-critical decisions. He has authored Game-Changer: Game Theory and the Art of Transforming Strategic Situations (Norton, 2014) and instructs MBA and PhD courses on game theory and market design at Duke.