Games businesses play
Games businesses play by Pankaj Ghemawat is a 1997 Business & Economics book written by TED speaker Pankaj Ghemawat, paired here with the talk they gave.
Games Businesses Play uses detailed case studies of competitive interaction to explore the uses and limits of game theory as a tool for business strategists. Because they are analytical rather than descriptive, the case studies are not typical teaching cases. The cases are paired with customized game-theoretic models that cover a wide range of commitment decisions, from short-run commitments such as price to longer-run commitments such as capacity expansion and reduction, product and process innovation, and battles for market share. A variety of quantitative and qualitative techniques are used to test the models' predictions on case data. In addition the book sheds lights on a number of other issues important to strategic management, including the resource-based view of the firm and the emergent theory of dynamic capabilities.