Game Theory at Work(c) How to Use Game Theory to Outthink and Outmaneuver Your Competition

James D. Miller

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Copyright 2003 by McGraw-Hill. All rights reserved. Printed in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a data base or retrieval system, without prior written permission of the publisher.

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ISBN 0-07-140020-6

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Library of Congress Cataloging-in-Publication Data

Miller, James D. Game theory at work : how to use game theory to outthink and outmaneuver your competition / by James D. Miller. p. cm. ISBN 0-07-140020-6 (hardcover : alk. paper) 1. Management games. I. Title: How to use game theory to outthink andoutmaneuver your competition. II. Title. HD30.26 .M54 2003 658.4’0353—dc21 2002013681

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James D. Miller is an assistant professor of economics at Smith College. He has a Ph.D. in economics from the University of Chicago and a J.D. from Stanford Law School. He has written on game theory in Greek mythology, computer encryption, perjury law, e-commerce, investing, genetic testing, Internet piracy and lotteries. His work has appeared in popular and professional resources including the Orlando Sentinel, The Weekly Standard, International Review of Law and Economics, Tech Central Station, Journal of Information, Law and Technology, and the Internet sites for National Review, CNBC, and Fox News.