cover image Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life

Avinash K. Dixit. W. W. Norton & Company, $24.95 (393pp) ISBN 978-0-393-02923-9

Most books on game theory either focus on specialized applications (cardplaying, business, nuclear war) or bore with mathematics and jargon. Free of formulas and argot, this refreshing exception distills the principles, concepts, tools and techniques--brinkmanship, bargaining, unconditional moves, vicious circles, etc.--with an astonishing diversity of illustrative examples drawn from political campaigns, baseball, neighborhood dynamics of segregation, the military draft, speed limits, childrearing and so forth. In helping strategists anticipate rivals' responses and win the game, economics professors Dixit and Nalebuff (who teach game theory at Princeton and Yale, respectively) provide managers, negotiators, athletes, parents and other game-players with a formidable weapon. Drawings. BOMC, Fortune Book Club and QPB selections. (Feb.)