, "option games," by which the decision-making approaches of real options and game theory can be combined. The authors first … discuss prerequisite concepts and tools from basic game theory, industrial organization, and real options analysis, bringing …

This advanced text introduces the principles of noncooperative game theory - including strategic form games, Nash … given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of …. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been …