The Art of Strategy: A Game Theorist's Guide to Success in Business and Life available in Hardcover, Paperback, NOOK Book
Norton, W. W. & Company, Inc.
The Art of Strategy: A Game Theorist's Guide to Success in Business and Life
by Avinash K. Dixit, Barry J. NalebuffAvinash K. Dixit
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"I am hard pressed to think of another book that can match the combination of practical insights and reading enjoyment."—Steven Levitt
Game theory means rigorous strategic thinking. It's the art of anticipating your opponent's next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies—from pop culture, TV, movies, sports, politics, and history—the authors show how nearly every business and personal interaction has a game-theory component to it. Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.
Avinash Dixit is Emeritus John J.F. Sherrerd University Professor of Economics at Princeton University, where he offered his popular freshman course in game theory. He is among the world's leading economists, having made fundamental contributions in several major fields as well as in game theory. He is the author of many books, including Dixit/Nalebuff: Thinking Strategically (Norton, 1991), Dixit/Pindyck: Investment Under Uncertainty (Princeton University Press, 1994), and Dixit/Nalebuff: The Art of Strategy (Norton, 2009).
Barry J. Nalebuff is the Milton Steinbach Professor at the Yale School of Management. Nalebuff applies game theory to business strategy and is the co-founder of one of America's fastest-growing companies, Honest Tea.
Art of Strategy 3.8 out of 5 based on 0 ratings. 26 reviews.
slamSL More than 1 year ago
A comprehensive text geared toward the non-specialists on game theory. It is delivered clearly, coherently and entertainingly, devoid of much math and jargon. The scope of the book is comprehensive, from gambling, dueling, incentivization, etc. The Art of Strategy is not light reading, but it is intriguing. It is not a book that can be read casually but it pays high dividends to those who are willing to go through the book with care. With this book, the authors have demonstated the applicability of game theory in many mainstream issues. By looking forward and reasoning backward, as espoused by the authors, I believe this book will make any reader a better player in the game of life.
Decartes More than 1 year ago
This is a good book but isn't written as clearly as I would prefer as a reader. There are portions of the book that would be simplified to get a point across. Also, some of the communication style used in the book glosses over the point. It is like mining, you have to dig through the author's style to get to the nuggets of gold.
Kara on LibraryThing More than 1 year ago
There is absolutely no need to read this book if you've read Thinking Strategically. I'm not certain why they exist as two separate books. The content is almost identical, and 90% of the examples in this one were lifted from that. I have no idea why this is touted as a "sequel." It is not. It's just Thinking Strategically repackaged (but I will say that its package is prettier). The tagline says that it's a "guide to success in business and life," but it is not. It is game theory explained in an accessible way.I love game theory. I studied economics in college, and game theory had been my favorite class. I enjoyed Thinking Strategically and looked forward to reading this one. I was disappointed. Had I not read Thinking Strategically, I probably would have found this enjoyable, but I'm giving it two stars for the false advertising.