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Economic players must often choose between several strategic options in a fierce competitive environment where interactions with competitors make decisions particularly complex. Game theory offers useful insights to choose an optimal decision or at least a basis for making rational decision given the constraints of the stakeholders' environment. In presenting the concepts and the logical structure of the reasoning offered by game theory and their applications, the book explains the rational process of decision making in the framework of firm management and market competition. By avoiding...

Economic players must often choose between several strategic options in a fierce competitive environment where interactions with competitors make decisions particularly complex. Game theory offers useful insights to choose an optimal decision or at least a basis for making rational decision given the constraints of the stakeholders' environment. In presenting the concepts and the logical structure of the reasoning offered by game theory and their applications, the book explains the rational process of decision making in the framework of firm management and market competition. By avoiding...

This book is devoted to an analysis of linkages between management accounting and strategic management. What is management accounting and what strategic role does it play in an organization? Since the 1980s, many changes have occurred and companies have focused more and more their strategy on value creation. Consequently, new strategic directions have emerged especially for managerial accounting. Management accounting and alignment with strategy can improve performance.

This book looks at management accounting changes and at the emerging role of management accounting in strategy...