Thinking Strategically

Thinking Strategically

• Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life*** is a non-fiction book by Indian-American economist Avinash Dixit and Barry Nalebuff, a professor of economics and management at Yale School of Management. The text was initially published by W. W. Norton & Company on February 1, 1991.

Overview The book discusses issues of strategic behaviour, decision making, and game-theory. The authors present the main concepts, such as backward-induction, auction-theory, nash-equilibrium, noncooperative bargaining, to a general audience. Each concept is illustrated by examples from common life, business, sports, politics, etc.—as applying game theory to real life may be the best way of crystallizing the best options available.

Reception —Review by Financial Times

See also *1984 Orange Bowl Co-Opetition: A Revolution Mindset that Combines Competition and Cooperation* also co-authored by Barry Nalebuff *[[coordination-game]] *[[tragedy-of-the-commons]] Thinking, Fast and Slow*

References ## External links * [Excerpt from the book](http://terpconnect.umd.edu/~pswistak/GVPT%20100/Dixit%20and%20Nalebuff.pdf) *