Game Embedded Strategy

Game Embedded Strategy

By Patrick McNutt
McGraw Hill Higher Education February 2010

Specifications

ISBN-13
9780071288927
Publisher
McGraw Hill Higher Education
Publication
February 2010
Format
Paperback , 176 pages
Jurisdiction
International ? Countri(es) for reference only

Details

The purpose of this book is to provide a framework for analysing business strategy, and its principal focus is the signalling of management type in the market-as-a-game. Drawing upon basic arguments in both game theory and the economics of strategy, Game Embedded Strategy distills these discussions into a cohesive setting called 'Framework Tn=3'. Using case materials and real-time examples, McNutt discusses the three supporting pillars of game embedded strategy (GEMS) - management type, technology and time. GEMS depends upon the game dimension and context in which a game is played, which in turn depends on product and geography, technology and innovation in a product or service market, and on management type and the beliefs that guide their action. As such, management action and the execution of strategy are both interpreted as signals, and the signals are observed and captured by a critical timeline (CTL), which defines and describes the nature of competition in the market-as-a-game.

Table of Contents

1. Strategic Reasoning

2. Game Embedded Strategy



3. Baumol Hypothesis



4. Marris Hypothesis



5. Cost Technology



6. Players and Vertical Blending



7. Dark Strategy



8. Homo Ludens



9. Market-as-a-Game

10. Market Systems

About the Author

Patrick McNutt

Patrick A. McNutt (BA, MPhil, DPhil) is a business consultant, academic and author who challenges the way his clients develop their businesses, and assists them to adopt and adapt new paradigms and methodologies. He applies game theory in his strategic reasoning on business strategy. Based in Dublin, Ireland, and a Visiting Fellow at Manchester Business School, McNutt offers consultation on aspects relating to business strategy, competition, management training, mergers and antitrust compliance. He has also lectured on economics, law and public choice to undergraduates, graduates and MBA executives both in Ireland as well as at different universities abroad. View McNutt's website atwww.patrickmcnutt.com.

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