on how is used to settle problems in management field
2006-08-27 22:54:17 · 3 answers · asked by Anonymous in Business & Finance ➔ Corporations
It refers to a branch of mathematics which deals with the way people choose different strategies in order to maximise their return.
2006-08-27 23:02:02 · answer #1 · answered by Graham I 6 · 0⤊ 0⤋
Have a look at this site - http://www.gametheory.net/students.html
Games theory is a strategic tool used to predict the possible outcomes and therefore, the optimal solution to a situation – particularly in business but can be used in any facet of life.
I’m an MBA graduate who also studied the game theory – can’t say I’ve ever used it beyond passing my game theory exam!!
2006-08-29 10:04:59 · answer #2 · answered by scallywag 4 · 0⤊ 0⤋
Zero sum game is the primary one.
2006-08-28 05:58:18 · answer #3 · answered by Anarchy99 7 · 0⤊ 0⤋