Game Theory vs. SWOT Analysis in the Strategy Process

Game Theory
Knowledge Center

Forum

New Topic

Nick Bailey

Game Theory vs. SWOT Analysis in the Strategy Process

A major advantage of Game Theory over SWOT analysis when preparing a business strategy is the possibility of INTERACTION between your own firm and other firms.
Reactions of competitors on a potential strategic move can be studied and predicted.
This allows us to anticipate in our strategy on the reactions of the competitors. We can use certain characteristics of our competitors to our own advantage.

Start a new forum topic

 

More on Game Theory
Summary
Forum
Game Theory vs. SWOT Analysis in the Strategy Process
Game Theory and Oligopolistic Competition
Types of Game Theory
🔥Gamification in Business and Management
What are the Uses of Game Theory? List of Usages
Can Game Theory deal with Bounded Rationality?
Using Game Theory for Making Investments
What is Dominance Theory?
Shapley Value
Best Practices
Game Theory in Business
Game Theory Cases in Strategy?
Is Business Strategy a Non-Zero-Sum Game?
Special Interest Group

Are you interested in Game Theory? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Game Theory
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 18-4-2021. All names of their owners.