The 2005 Nobel Prize for Economics went to two researchers who advanced the science of game theory. Defined as “optimal decision-making in the presence of others with different objectives,” game theory as a strategic tool is used in business as well as a required element for MBA students. Professors at Goizueta discuss the theory and explain why its applications in business are worth a second look.
There Are No Comments
Click to Add the First »
Click to Add the First »
