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Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life (Norton Paperback) Paperback – 4 Jun 1993

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Product details

  • Paperback: 416 pages
  • Publisher: W. W. Norton & Company; New Ed edition (4 Jun. 1993)
  • Language: English
  • ISBN-10: 0393310353
  • ISBN-13: 978-0393310351
  • Product Dimensions: 14 x 3 x 21.1 cm
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Bestsellers Rank: 16,107 in Books (See Top 100 in Books)

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Review

"A gem of a book. It makes some important insights on the frontiers of economics and game theory easily accessible, tremendously enjoyable, and practically useful." -- Buron G. Malkiel, author of A Random Walk Down Wall Street "Dixit and Nalebuff set out sure-fire rules for thinking about strategy." -- David Henderson "Machiavelli is brought up-to-date in this book by Dixit and Nalebuff. They make strategic tools humorous, human, and effective." -- Elizabeth Bailey, former dean, Graduate School of Industrial Administration, Carnegie Mellon University "I confess that I have never thought of monetary policy or government as a game, but Professors Dixit and Nalebuff succeed brilliantly in clarifying questions we all face in decision-making, elevated or mundane." -- Paul A. Volcker

About the Author

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.

Inside This Book

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We begin with ten tales of strategy from different aspects of life and offer preliminary thoughts on how best to play. Read the first page
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Most Helpful Customer Reviews

12 of 15 people found the following review helpful By Bernd Kotz on 21 Dec. 2005
Format: Paperback
This book is on strategic thinking. This is what you normally understand as game theory today. Game theory have become a mayor scientific discipline. After two Nobel prices it is a normal standard in economics. Dixit and Nalebuff describe the basics in game theory on a low level. They do not need to use mathematical equations to explain the context. The examples in this book are taken from politics, business and sports. There common model is the prison dilemma case. From this starting point they explain the various forms of co-operative behaviour to solve the games in life. The final result is to find a co-operative outcome with strategic moves. There are a lot of case studies in this book. It makes it easier to follow there ideas.
They show how deterrence was a good instrument in the cold war. They explain how a thread in business is taken on and when the thread is credible it is a good strategy to deter a potential competitor.
It is a book for everyone who is interested in strategic thinking. For the manager it is a good book for bargaining situations.
I read the book with pleasure because it makes business very simple and it is a joy to read.
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By AnonAmazoner on 10 Jun. 2015
Format: Paperback Verified Purchase
After deciding what to read next on my adventures, I was recommended to read Thinking Strategically. Now, after reading (I still haven't finished yet about 1/2 way through), this book has already helped me. It has saved money, and helped my game theory knowledge which was non-existent before reading. This book, once you get started is hard to put down, and anything mentioned applies wherever you go, and whatever you do! (don't want to ruin it too much) both authors of this book, also have their own personal experiences in this book, as well as well known examples. A Must read, should you want to learn more about game theory, and outwit everyone else!
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8 of 10 people found the following review helpful By A Customer on 14 Sept. 1995
Format: Paperback
The authors write with clarity in a field which they have both
academic and practical experience. If you are interested at
all in Game Theory (and you should be), then this is a great
introduction. Note: some mathematical thinking is involved.
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11 of 14 people found the following review helpful By A Customer on 27 Sept. 2000
Format: Paperback
The book is an easy read with lots of examples and case studies ranging from simplified business problems to the tactics of an american football coach. It's a good introduction into game-theory with only very limited mathematics (no formula can be found in the book). A definite recomendation.
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1 of 1 people found the following review helpful By Ann Clark on 12 Nov. 2013
Format: Kindle Edition Verified Purchase
Hard work needed to understand for non-specialist but very readable.
In kindle version the diagrams are very small and cannot be enlarged.
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Quite a complex book, so not light reading, but very interesting. I look forward to using some of the methods, and see what the impact is. Definately a book for people who want to seriously learn about startegic thinking. If you put the book down, you'll have to re-read some to understand/follow the ideas, or is that just me?
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