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

Öz

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.

Anahtar Kelimeler

Destekleyen Kurum

No financial support was received for the conduct of the research.

Etik Beyan

This paper complies with Research and Publication Ethics, has no conflict of interest to declare, and has received no financial support. The article has been checked for spelling and plagiarism/similarity. The article was evaluated by "at least two external referees" and "double blinding" method. The author sent a signed "Copyright Transfer Form" to the journal. There is no need to obtain ethical permission for the current study as per the legislation. The "Declaration Form Regarding No Ethics Permission Required" was sent to the journal by the author on this subject. The author contributed to all sections and stages of the study alone.

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
AMA
1.El Mtıouı G. Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment. Yönetim Akademisi. 2025;8(3):578-589. doi:10.33712/mana.1436608
Chicago
El Mtıouı, Ghıta. 2025. “Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment”. Uluslararası Yönetim Akademisi Dergisi 8 (3): 578-89. https://doi.org/10.33712/mana.1436608.
EndNote
El Mtıouı G (01 Ekim 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.
IEEE
[1]G. El Mtıouı, “Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment”, Yönetim Akademisi, c. 8, sy 3, ss. 578–589, Eki. 2025, doi: 10.33712/mana.1436608.
ISNAD
El Mtıouı, Ghıta. “Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment”. Uluslararası Yönetim Akademisi Dergisi 8/3 (01 Ekim 2025): 578-589. https://doi.org/10.33712/mana.1436608.
JAMA
1.El Mtıouı G. Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment. Yönetim Akademisi. 2025;8:578–589.
MLA
El Mtıouı, Ghıta. “Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment”. Uluslararası Yönetim Akademisi Dergisi, c. 8, sy 3, Ekim 2025, ss. 578-89, doi:10.33712/mana.1436608.
Vancouver
1.Ghıta El Mtıouı. Game Theory and Strategic Management: Navigating the Usefulness of Game-Theoretic Tools in a Dynamic Corporate Environment. Yönetim Akademisi. 01 Ekim 2025;8(3):578-89. doi:10.33712/mana.1436608