Video
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What is Game Theory?
Game theory is about choices and trade-offs and how we interact with each other in different situations. In business, for example, companies do compete and more often they collaborate on joint ventures. As players in a game, how well a player does depends on what each player believes the other player is likely to do.
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Book: Decoding Strategy
Deceiving Strategy: Deceiving Strategy PDF In this document we ask: is it rational for an entrant to retreat from the game? The answer depends on the belief formation process of both players, the timing of entry and commitment from the incumbent. In order to assess the value proposition for a client-entrant we describe the main…
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New Module: Ethics in Business
Patrick launches a new module ‘Ethics and Responsibility in Business’ on the Manchester MBA programme in January 2015. Combining Kantian ethics with game theory reasoning and analysis, using case studies and examples, the module offers a new and refreshing approach to business ethics, governance and anti-trust regulations. It builds and extends on the range of…
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Memo to Ms Ahrendts
MEMO Re: Apple Inc: Play not to lose: Minimax strategy Dear Ms Ahrendts Congratulations on your recent appointment. We have been commenting on Apple for a number of years in this Blog, and from the perspective of game theory. You should challenge everything about the data – market share figures, consumer loyalty and the source…
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i-Lag or Byte of the Apple
The smartphone has evolved from new gadget to just another gadget – it has become commoditized. The Razr i will indeed allow you to switch quickly between the web, play games, send texts and take photos. Will iOS 6 disappoint as consumers realize that it begins to slow down your iPad2 and is backward incompatible…
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Euro Debt Crisis:Signalling Game
Interview on 25th May on Russia Today with Katrina Ross and on Bloomberg 26th May with Linzie Janis and addressing the ICAEW Conference in London, July 14th Patrick McNutt argued that the Euro debt crisis could spillover into the Euro currency, and ECB signals to de-list insolvent banks and promote Europe as off-shore hub for…
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Signalling Game: China and US
I continue to address audiences in Dubai, Singapore and Shanghai on applying gametheory concepts to the international crisis… Continuing the argument provided in the Financial Times letter, the signalling game between China and the US on the role of the US dollar in international markets is considered as a template for analysis. Download Why G20…
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McNutt on, EU Debt Crisis, G-8 Summit
May 26 (Bloomberg) — Patrick McNutt, visiting fellow at Manchester Business School, talks about the European debt crisis and the G-8 summit in Deauville, France. He speaks from Moscow with Linzie Janis on Bloomberg Television’s “Countdown.” (Source: Bloomberg)
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Euro debt woes could be solved by delisting banks
[flashvideo file=videos/manchester-comment.flv /] With Russian economic growth threatened by Eurozone debt concerns Business RT spoke with Professor Patrick McNutt from Manchester Business School about the possible outcomes. RT: Will the debt crisis in the euro zone hurt financial markets the way Lehman Brothers did following its collapse? PN:”Indeed there is every possibility that it could,…
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Patrick McNutt’s Thomson Reuters videos
To see Patrick McNutt’s Thomson Reuters videos, please go to https://insider.thomsonreuters.com [Enter your Insider password and search ‘patrick mcnutt’] The videos are also in a public domain called https://wn.com/currency_speculation [Search ‘patrick mcnutt’]