A Review of Dixit and Nalebuff's Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life

Adam Brandenburger

Journal of Economics & Management Strategy, 1993, vol. 2, issue 2, 325-32

Abstract: What is the best way to make decisions when the consequences depend not only on one's own actions, but also on what other people do? Dixit's and Nalebuff's "Thinking Strategically" explores this question using the tools of game theory. The book offers a number of principles for decision making in multiperson settings and illustrates the value of these principles with examples drawn from various arenas, including those of politics, business, war and sports. This review contains an overview of the contents of the book, paying particular attention to points of contact with business strategy. It goes on to discuss some of the successes and limitations of existing applications of game theory to business strategy. It then evaluates Dixit's and Nalebuff's contribution in light of this discussion. Copyright 1993 by MIT Press.

Date: 1993
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jemstr:v:2:y:1993:i:2:p:325-32

Ordering information: This journal article can be ordered from
http://www.blackwell ... ref=1058-6407&site=1

Access Statistics for this article

More articles in Journal of Economics & Management Strategy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().