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

English

By (author): David McAdams

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 victorywhether in battle, business, or lifeby those with the strategic vision to recognize how to change the game to their own advantage.

The aim of David McAdamss Game-Changer is nothing less than to empower you with this wisdomnot 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 gamescommitment, regulation, cartelization, retaliation, trust, and relationshipsenlivened 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 publics 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. Youll 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.

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Product Details
  • Weight: 577g
  • Dimensions: 165 x 244mm
  • Publication Date: 28 Mar 2014
  • Publisher: WW Norton & Co
  • Publication City/Country: United States
  • Language: English
  • ISBN13: 9780393239676

About David McAdams

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.

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