Preface
A Brief History of Game Theory
Why Study Games?
Rapid Discoveries in the Twentieth Century
Recognition
Introduction to Game Theory Concepts and Strategy
Game Theory, Strategic Behavior, and Strategy
Consumer Behavior, Utility Theory, and Game Theory
Game-Theoretic Models and Illustration
Rules of the Game
Strategy and Equilibrium
Complex Games and Games by Categories
Other Key Game Theory Concepts
Modeling Games with MATLAB and Experimenting Games
Prisoner’s Dilemma
Battle of the Sexes
A Sample Game of Dominated Strategies with MATLAB
Theory of Strategic Value
Introduction: The Game of Business
Strategy and Value
States of Nature
State Variables for Business: Control Variables
The Event Tree and Dynamic Payoffs
The Firm
Real Options and Management Flexibility
What Is "Value" for a Firm?
A Dynamic Game of Asymmetric Information in the Beer Industry
A Game between a Global Brewer and a Growing National Beer Importer
Regulated Alcoholic Beverages Industry and Three-Tier System in the United States
Sales Performance of Gambrinus: General Import Market
Incentives at the Time of the 1996 Decision
Strategic Options Available in 1996 and the Game
Game-Theoretic Model
Consolidation in the Wine and Spirits Industry
Economic Structure of the Industry
The Wine and Spirits Industry and Consolidation
A Hypothetical Consolidation
Description of the Game
A Regulatory Game: CAFE Standards and Competing Automakers
Introduction
History of Corporate Average Fuel Efficiency (CAFE)
Current Debates
Statement of the Problem and the Strategic and Game Theoretical Motivation behind CAFE
Building the Game and Players, Strategies, Payoffs, and Solution
On Auto Industry Crisis of 2008 and Analysis of a Potential Merger: Strategic Approach
Introduction and Cause of the 2008 Auto Industry Crisis
Likely Scenarios for the Automotive Industry
Economic and Industry Conditions
Key Events to Date
Discussion of Potential Scenarios
Strategic Approach to a Potential Merger: Strategies of Key Players
Game Theory and Law
Introduction
Game Theory Examples in Law
Antitrust Case Study: United States of America, et al., v. Microsoft Corporation
Game-Theoretic Model in Microsoft Antitrust Case and Players
The Trial and Conclusions of Law
Bibliography
Index