The book also includes questions that will make the reader think twice before making their next decision, as well as recipes for using game theory analysis in split-second situations. These examples show how, by applying game theory strategies to everyday business situations, obstacles and challenges can be overcome and the end result can be positive. Next, real-life examples and case studies are presented to demonstrate that game theory analysis works in different business environments. This theory can help identify the best strategy or tactic given a goal or aspiration. The book starts by explaining game theory, which is the science of predicting the outcome of a scenario or game by understanding the rewards and risks associated with each decision. In the first six chapters, the foundations of game theory and how it can be applied to real business situations are established. The book 'The Art of Strategy' uses game theory to analyze and predict the outcomes of different business scenarios.
