The Role of the Mixed Strategies and Selective Inflexibility in the Repeated Games of Business: Multiple Case Study Analysis

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review


This chapter is focused on the possibilities of game theory as a tool of strategists to interpret practical strategic decision-making situations. Simultaneously, there is a need to simplify presentation of game theory and consider the possibilities of mixed strategies. Practical game situations are relatively complex: even the rules of the game might change during the decision-making process, or at least there is need to change several times the strategy during the game, especially in the case of repeated game. This chapter shows some practical examples how to describe the strategic game situations in a manner relatively easy to understand.
Original languageEnglish
Title of host publication Neuroeconomics and the Decision-Making Process
EditorsBryan Christiansen , Ewa Lechman
Place of PublicationNew York
PublisherIGI Global
Number of pages15
ISBN (Electronic) 9781466699908
ISBN (Print)9781466699892, 1466699892
Publication statusPublished - Mar 2016
MoEC publication typeA3 Part of a book or another research book

Field of science

  • Business and management

Citation for this output