Risk-Taking in International Politics

American Foreign Policy

by

R

Dale F. Cooper, Stephen Grey, Geoffrey Raymond

and Phil Walker

Project risk management has come a long way since the 1980s, when Dale Cooper and I worked together on a range of risk management consultancy projects in the UK, Canada and the USA, published together, and became friends as well as colleagues. In particular, the leading edge has moved from bespoke methods and models developed for particular organizations and situations towards generic processes. It has also come a long way since the mid-1990s, when Stephen Grey and I worked together on the Association for Project Management PRAM (Project Risk Analysis and Management) Guide. In particular, the debate about what shape generic processes should take has clarified a number of issues, without leading to a consensus. Project risk management continues to evolve in interesting and useful ways, with no end to this development in sight.

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Game Theory and Economic Analysis 

 A Quiet Revolution in Economics

by Christian Schmidt

Game Theory and Economic Analysis presents the wide range of current contributions of game theory to economics. The haptersve fall broadly into two categories. Some lay out in a jargon-free banner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work that are significant to game theory as a whole. After taking the reader through a concise history of game theory, the contributors discuss such topics as:
*the connections between Von Neumann's mathematical game theory and the domain assigned to it today since Nash
*the strategic use of information by game players
*the problem of the coordination of strategic choices between independent players in non-cooperative games
*cooperative games and their place within the literature of games
*incentive and the implementation of a collective decision in game-theoretic modeling
*team games and the implications for firms' management
The nature of the subject and the angle from which it is examined will ensure that GAme Theory and Economic Analysis reaches a wide readership. As an established scholar in the area of game theory, Christian Schmidt has produced an authoritative book with contributions from economists of the very highest rank and profile, some of them well known beyond the boundaries of the game-theoretic community.