Copyright (c) 2013 John L. Jerz

The Art of Strategy (Dixit, Nalebuff, 2008)
Home
A Proposed Heuristic for a Computer Chess Program (John L. Jerz)
Problem Solving and the Gathering of Diagnostic Information (John L. Jerz)
A Concept of Strategy (John L. Jerz)
Books/Articles I am Reading
Quotes from References of Interest
Satire/ Play
Viva La Vida
Quotes on Thinking
Quotes on Planning
Quotes on Strategy
Quotes Concerning Problem Solving
Computer Chess
Chess Analysis
Early Computers/ New Computers
Problem Solving/ Creativity
Game Theory
Favorite Links
About Me
Additional Notes
The Case for Using Probabilistic Knowledge in a Computer Chess Program (John L. Jerz)
Resilience in Man and Machine

A Game Theorist's Guide to Success in Business and Life

TheArtOfStrategyDixit.jpg

5.0 out of 5 stars Game Theory For Work AND non-Work Situations, November 7, 2008
By  Matthew L. Sadler (San Francisco Bay Area)
 
If you like "game theory" -- or want to know what game theory is -- this could be the best book out there. Certainly there are more scholarly pieces on game theory, but this book is an A+ for its accessible writing, its use of examples that are interesting and a clear approach to point out how game theory comes into play every day for every person, whether we realize it or not. This book helps you understand the decision process in cooperative and competitive situations. It is better to know the "game" and how it is being played, than having the game played on you unwittingly. Highly recommended.
 
Also highly recommended, but more specifically for business applications, is Co-opetition, co-authored by Barry Nalebuff who is a co-author of The Art of Strategy.

x Strategic thinking is the art of outdoing an adversary, knowing that the adversary is trying to do the same to you... Good strategic thinking in such numerous diverse contexts remains an art. But its foundations consist of some simple basic principles - an emerging science of strategy, namely game theory. Our premise is that readers from a variety of backgrounds and occupations become better strategists if they know these principles.
 
p.33 The essence of a game of strategy is the interdependence of the players' decisions.
 
p.35 The First Rule of Strategy
  The general principle for sequential-move games is that each player should figure out the other players' future responses and use them in calculating his own best current move.
 
p.58 The pragmatic solution [choosing a move in a game of chess] is a combination of forward-looking analysis and value judgment. The former is the science of game theory - looking ahead and reasoning backward. The latter is the art of the practitioner - being able to judge the value of a position from the number and interconnections of the pieces without finding an explicit solution of the game from that point onward.
 
p.59 What should you take away from this account of chess? It shows the method for thinking about any highly complex games you may face. You should combine the rule of look ahead and reason back with your experience, which guides you in evaluating the intermediate positions reached at the end of your span of forward calculations. Success will come from such synthesis of the science of game theory and the art of playing a specific game, not from either alone.
 
p.59 good chess players can use their knowledge to disregard immediately those moves that are likely to be bad without pursuing their consequences four or five moves ahead, thereby saving their calculation time and effort for the moves that are more likely to be good ones.
 
p.175 actions that change the game to ensure a better outcome for the player taking the actions are called strategic moves... There are two aspects to consider: what needs to be done and how to do it. The former is amenable to the science of game theory, while the latter is specific to each situation - thinking up effective strategic moves in each specific context is more art than science.

Enter supporting content here