Comment about Kadane, J. B., P. D. Larkey. 1983. The confusion of is and ought in game theoretic contexts. Management Sci. 29(12) 1365--1379.

Gaining and simulation mean different things to different people. Currently there exist separate schools of individuals working on interrelated but basically different areas. Each has its own special goals and terminology. Yet there is a sufficient overlap among them that it is important to...

Gaming and game theory are two extremely different yet highly related disciplines. It is of considerable use to a practitioner of either of these disciplines that he be aware of the relationship of one to the other. This paper attempts to provide a sketch of game theory for those whose prime...

A discussion of the relationship between the theory of games and experimental gaming is presented. This includes comments on games of indefinite length and lack of knowledge concerning the rules. Six simple games are constructed and examined in the light of four different solution concepts....

During the past ten years there has been a proliferation in the use of gaming as an experimental, teaching, and operational device. The consensus has been that in all three activities it has been of use. Many hundreds of games have been constructed and have been or are currently in use for a...

Since the war, there has been a great growth in interest in the theory of organization. The size of many modern organizations has brought to the surface problems of communication and decision-making of a very different nature to those confronted by smaller groups. A large organization appears to...

In the making of decisions where the valuation problem poses the major difficulty an individual may choose to replace a hard-to-evaluate certain prospect with a much easier to evaluate set of uncertain prospects.

A goal of good management should be to design a reward system for those who take risks in making decisions in such a manner that the rewards to the individual correlate positively with the worth of the decision to the organization (taking into account the attitude of the top management to...