Araştırma Makalesi

Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment

Cilt: 8 Sayı: 3 15 Ekim 2025
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Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment

Abstract

This article examines the relationship between strategic management and game theory, and how game-theoretic tools can guide strategic decision-making. onsidering the interdependence between competitors and the dynamism of the corporate world, the article explores how game-theoretic tools help in selecting effective strategies that maximize company outcomes. It does so by reviewing the historical development of both fields and examining relevant literature on their intersection. To further explore the relationship between the two concepts, an R-based simulation is employed to compare the outcomes of game-theoretic strategies with those formed independently by firms, without accounting for competition. The study showed that when decisions were made using game-theoretic principles, specifically those derived from the prisoner's dilemma framework, market outcomes were consistently more favorable. This was achieved by simulating a duopolistic market with two competitors adopting either aggressive or conservative marketing strategies. The simulations run in R Studio showed that both players had larger average market shares when they took into account their competitors' expected reactions and strategic foresight. These findings highlight the importance of game theory in sectors where the behavior of rivals is highly interrelated.

Keywords

Destekleyen Kurum

Araştırmanın ortaya konulmasında herhangi bir mali destek alınmamıştır.

Etik Beyan

Bu makale Araştırma ve Yayın Etiğine uygundur. Beyan edilecek herhangi bir çıkar çatışması yoktur. Araştırmanın ortaya konulmasında herhangi bir mali destek alınmamıştır. Makale yazım ve intihal/benzerlik açısından kontrol edilmiştir. Makale, “en az iki dış hakem” ve “çift taraflı körleme” yöntemi ile değerlendirilmiştir. Yazar, dergiye imzalı “Telif Devir Formu” belgesi göndermiştir. Mevcut çalışma için mevzuat gereği etik izni alınmaya ihtiyaç yoktur. Bu konuda yazar tarafından dergiye “Etik İznine Gerek Olmadığına Dair Beyan Formu” gönderilmiştir. Yazar, çalışmanın tüm bölümlerine ve aşamalarına tek başına katkıda bulunmuştur.

Kaynakça

  1. AHMAD, Furkan, ALMARRI, Omar, SHAH, Zubair and LULUWAH, Al-Fagih (2023), “Game Theory Applications in Traffic Management: A Review of Authority-Based Travel Modelling”, Travel Behaviour and Society, S.32, ss.1-23.
  2. ARSLAN, Buket and ÇETİN, Elif (2021), “Vekâlet Teorisinde Fırsatçılık Kavramı ve Oyun Teorisi Arasındaki İlişki”, Uluslararası Yönetim Akademisi Dergisi, S.4(2), ss.439-454.
  3. AYDIN, Gürbüz and KARABACAK, Hakan (2023), “Mutual Interaction of Conflict Management Strategies From a Game Theory Perspective and an Empirical Evidence From Auditors”, Süleyman Demirel University Visionary Journal, S.14(38), ss.607-625.
  4. BRACKER, Jeffrey (1980), “The Historical Development of the Strategic Management Concept”, Academy of Management Review, S.5(2), ss.219-224.
  5. BRANDENBURGER, M. Adam and NALEBUFF, J. Barry (1995), “The Right Game: Use Game Theory to Shape Strategy”, Harvard Business Review, S.76, ss.57-71.
  6. BRICKLEY, James, SMITH, Clifford and ZIMMERMAN, Jerold (2000), “An Introduction to Game Theory and Business Strategy”, Journal of Applied Corporate Finance, S.13(2), ss.84-98.
  7. CAMERER, Camerer (1991), “Does Strategy Research Need Game Theory?”, Strategic Management Journal, S.12(S2), ss.137-152.
  8. DIXIT, Avinash and NALEBUFF, Barry (2013), Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life, Viva Books Private Limited Press, New Delhi.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Pazarlama Yönetimi , Strateji

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

15 Ekim 2025

Gönderilme Tarihi

13 Şubat 2024

Kabul Tarihi

14 Ekim 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 8 Sayı: 3

Kaynak Göster

APA
El Mtıouı, G. (2025). Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment. Uluslararası Yönetim Akademisi Dergisi, 8(3), 578-589. https://doi.org/10.33712/mana.1436608