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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 Managemen...
Based on interviews with over 150 young people in education and training, this volume reflects on their perspectives on the issues and challenges that education and training have to offer.
Reads like a Who's Who of classical music, featuring a parade of international greats -- from Arthur Rubinstein, Igor Stravinsky, and Aaron Copland to Itzhak Perlman, Midori, and James Levine.
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The City of London and Social Democracy evaluates the changing relationship between the United Kingdom financial sector - the 'City of London' - and the post-war social democratic State. The key argument made in Aled Davies's study is that changes to the British financial system during the 1960s and 1970s undermined a number of the key components of social democratic economic policy practised by the post-war British State. The institutionalization of investment in pension and insurance funds; the fragmentation of an oligopolistic domestic banking system; the emergence of an unregulated international capital market centred on London; the breakdown of the Bretton Woods international monetary s...