Game Theory in Management Accounting

Game Theory in Management Accounting

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  • Author: David Mueller
  • Publisher: Springer
  • ISBN: 331961603X
  • Category : Business & Economics
  • Languages : en
  • Pages : 453

This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.


Game Theory in Management

Game Theory in Management

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  • Author: Michael Hatfield
  • Publisher: Routledge
  • ISBN: 1317131029
  • Category : Business & Economics
  • Languages : en
  • Pages : 212

Architects and engineers can build models to test their ideas - why not managers? In Game Theory in Management: Modelling Business Decisions and Their Consequences, author Michael Hatfield presents a series of mathematically structured analogies to real-life business and economic interaction scenarios, and then, using modern game theory, he shows how to test common managerial technical approaches for their effectiveness. His results are astonishing: if game theory is correct then many commonly-held and taught management approaches and techniques are not only less effective than thought, they are actually detrimental in many areas where they are held to be beneficial. Game Theory in Management also examines managerial implications from network theory, cartage schemes, risk management theory, management information system epistemology, and other areas where the quantification and testing of business decisions can be employed to identify winning and losing stratagems.


Management Accounting, Organizational Theory and Capital Budgeting: 3Surveys

Management Accounting, Organizational Theory and Capital Budgeting: 3Surveys

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  • Author: Robert W Scapens
  • Publisher: Springer
  • ISBN: 1349070963
  • Category : Business & Economics
  • Languages : en
  • Pages : 280


Game Theory and Business Applications

Game Theory and Business Applications

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  • Author: Kalyan Chatterjee
  • Publisher: Springer Science & Business Media
  • ISBN: 1461470951
  • Category : Business & Economics
  • Languages : en
  • Pages : 407

Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.


Game Theory Approach to Managerial Strategies and Value Creation

Game Theory Approach to Managerial Strategies and Value Creation

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  • Author: Abdelhakim Hammoudi
  • Publisher: John Wiley & Sons
  • ISBN: 1848219733
  • Category : Business & Economics
  • Languages : en
  • Pages : 293

Economic players must often choose between several strategic options in a fierce competitive environment where interactions with competitors make decisions particularly complex. Game theory offers useful insights to choose an optimal decision or at least a basis for making rational decision given the constraints of the stakeholders' environment. In presenting the concepts and the logical structure of the reasoning offered by game theory and their applications, the book explains the rational process of decision making in the framework of firm management and market competition. By avoiding the usual complexity of presentation often due to mathematical formalism, the book proposes a reflection and practical insights of game theory for practitioners (managers, strategists) and social, managerial and economic researchers. The book will expose both general teachings and a comprehensive analysis applied to specific case studies of various sectors of the economy.


Handbook of Game Theory with Economic Applications

Handbook of Game Theory with Economic Applications

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  • Author: R.J. Aumann
  • Publisher: Elsevier
  • ISBN: 9780444894274
  • Category : Business & Economics
  • Languages : en
  • Pages : 824

This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes


The Oxford Handbook of Philosophy of Science

The Oxford Handbook of Philosophy of Science

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  • Author: Paul Humphreys
  • Publisher: Oxford University Press
  • ISBN: 0190630701
  • Category : Philosophy
  • Languages : en
  • Pages : 945

This handbook provides both an overview of state-of-the-art scholarship in philosophy of science, as well as a guide to new directions in the discipline. Section I contains broad overviews of the main lines of research and the state of established knowledge in six principal areas of the discipline, including computational, physical, biological, psychological and social sciences, as well as general philosophy of science. Section II covers what are considered to be the traditional topics in the philosophy of science, such as causation, probability, models, ethics and values, and explanation. Section III identifies new areas of investigation that show promise of becoming important areas of research, including the philosophy of astronomy and astrophysics, data, complexity theory, neuroscience, simulations, post-Kuhnian philosophy, post-empiricist epistemology, and emergence. Most chapters are accessible to scientifically educated non-philosophers as well as to professional philosophers, and the contributors - all leading researchers in their field -- bring diverse perspectives from the North American, European, and Australasian research communities. This volume is an essential resource for scholars and students.


Management Accounting by Dr. B. K. Mehta ( SBPD Publications )

Management Accounting by Dr. B. K. Mehta ( SBPD Publications )

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  • Author: Dr. B. K. Mehta
  • Publisher: SBPD Publications
  • ISBN: 9351679284
  • Category : Business & Economics
  • Languages : en
  • Pages : 880

It is a great pleasure in presenting 'Management Accounting' as a Text Book for M. Com Semester - I class. The Book has been written strictly in accordance with the latest syllabus of different universities. 1.Management Accounting : An Introduction , 2 .Responsibility Accounting , 3. Business Budgeting , 4. Budgetary Control, 5.Capital Budgeting and Project Appraisal and Feasibility, 6. Standard Costing and Cost Variance Analysis , 7. Marginal Costing and Absorption Costing, 8. Break-Even-Point or Cost-Volume Profit Analysis , 9. Decision Accounting and Marginal Costing System, 10. Financial Statements, 11. Analysis and Interpretation of Financial Statements, 12. Ratio Analysis, 13. Fund-Flow Statement, 14. Cash-Flow Statement (As per Accounting Standard-3), 15. Contemporary Issues in Management Accounting, 16. Management Information System and Reporting to Management , 17. Divisional Performance Measurement.


MANAGEMENT ACCOUNTING

MANAGEMENT ACCOUNTING

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  • Author: VK TRIPATHI
  • Publisher: Ram Prasad Publications(R.P.H.)
  • ISBN:
  • Category : Business & Economics
  • Languages : en
  • Pages : 960

1 [MANAGEMENT ACCOUNTING] 2 [FINANCIAL STATEMENTS AND ANALYSIS] 3 [RATIO ANALYSIS] 4 [FUND FLOW ANALYSIS] 5 [CASH FLOW ANALYSIS (ACCOUNTING STANDARD-3)] 6 [ABSORPTION AND MARGINAL COSTING] 7 [MARGINAL COSTING : AS A TOOL FOR DECISION MAKING] 8 [BREAK-EVEN ANALYSIS] 9 [BUDGETARY CONTROL] 10 [BUDGETING FOR PROFIT PLANNING AND CONTROL]


Game Theory

Game Theory

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  • Author: Aviad Heifetz
  • Publisher: Cambridge University Press
  • ISBN: 0521176042
  • Category : Business & Economics
  • Languages : en
  • Pages : 461

A guide to the fundamentals of game theory for undergraduates and MBA students.