IDEAS home Printed from https://ideas.repec.org/a/icf/icfjme/v03y2005i4p46-53.html
   My bibliography  Save this article

Game Theory: An Overview

Author

Listed:
  • Subhadip Roy

Abstract

The development of game theory is relatively new. It was developed in the 1940s by a Hungarian mathematician named John Von Neumann and later, further developed by John Nash in the 1950s. Game theory has been extensively used in the fields of Economics, Finance and Strategy. However, till date it remains an underutilized concept in the field of Management. Lots of developments have been done to the initial assumptions behind the foundations of game theory and to make it more practical but the situation has remained unchanged. This paper is an attempt to find out the basics of game theory and its possible applications in managerial decision-making and strategy formulation. The mathematical aspects have been left out for the sake of simplicity and conciseness.

Suggested Citation

  • Subhadip Roy, 2005. "Game Theory: An Overview," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(4), pages 46-53, November.
    • Handle: RePEc:icf:icfjme:v:03:y:2005:i:4:p:46-53
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjme:v:03:y:2005:i:4:p:46-53. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.