Archive for the ‘News & Commentary’ Category

Radio Interview regarding Irish Banks

Prof McNutt has recently (November 22nd) been interviewed on RTE radio’s Sunday Morning show The Business with John Murray, talking about the Big Bank Paradox. More information about the Black Swan is in the relevant news item on this site, and a link to the RTE interview is below.

Big Bank Paradox: There is at least one black swan

Patrick McNutt advocated a big bank solution to the on going discussions on consolidation amongst the Irish banks. It is the only solution to ensure the long term sustainability of Irish banking in the EU and Ireland Inc’s competitive advantage in financial services.

A Managed Exchange Rate Regime in 2009

Patrick McNutt of Manchester Business School addressing Alumni associations in Singapore and Hong Kong has called for a managed exchange rate regime to be on the agenda for the Summit scheduled in Washington DC on November 15th…

Critical Acclaim for McNutt’s Book

In a wide ranging review, David Bailey of King’s College, London, comments that [sic] ‘all in all, this is an interesting and thought provoking book; it provides a useful contribution to how economic analysis is used. In places it is akin to a patchwork quilt of ideas and case studies, but certain theme

Patrick McNutt addressing the UBP Hedge Fund in Geneva

Patrick McNutt addressed UBP’s Hedge Fund Conference in Geneva on May 28-29, 2008 on applying game theory to explain the current financial crisis.

Bloomberg Interview

Live interview with Bloomberg on 6 March 2008 discussing the Sub-prime and credit crisis in US as well as situations in UK and Asia.

Game Embedded Strategy

Drawing on the new book on the Tx3 Framework, Patrick has explored how Game theory can be used to directly play-out scenarios to determine which strategic options are optimal. This is important for making the step from strategic option to strategic decision. The tool-box presented in this paper can apply to business strategy at different levels; corporate, divisional or regional, etc, all of which have one starting point – the goals of the organization.

New Kaelo Version 2 Released and available on this site.

Kaelo v2.0 is an e-learning tool to application of many economic concepts and is used in the Manchester Worldwide MBA programme. It has developed in many areas especially with a new approach to signalling and the link between signals inherent in business video clips and share performance. A commercial version, Kaelo v3.0, will be constructed in 2008 tofocus on game dynamics, on signalling as a concept and on its application as a measuring tool for investment analysis.

The new ‘Tx3 Framework’, an exciting new book on understanding management types.

Patrick McNutt’s new book on understanding management type, blending game theory with mangement models is due for release in mid-2008. In the interim, McNutt’s new Tx3 Framework for adapting strategy is presented for public commentary, capturing type, technology and time as key drivers in defining strategy.

Introduction to the Tx3 Framework (pdf)

Patrick McNutt to guest edit special issue of International Journal of Social Economics

Patrick McNutt is Guest Editor in a Special Issue devoted to Kant scholarship as applied to ethics and governance. Interested contributors please access the journal’s Call for Papers at:

International Journal of Social Economics