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Title: Co-Opetition : A Revolution Mindset That Combines Competition and Cooperation : The Game Theory Strategy That's Changing the Game of Business by BARRY J. NALEBUFF, ADAM M. BRANDENBURGER ISBN: 0-385-47950-6 Publisher: Doubleday Pub. Date: 29 December, 1997 Format: Paperback Volumes: 1 List Price(USD): $18.95

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Average Customer Rating: 4.71 (31 reviews)

Rating: 5
Summary: Creating better strategies using game theory
Comment: Just out of college I was very enthusiastic to use game theory to solve business problems. But never found a way to use it. That was forty years ago. This is the first book that transforms a wonderful theory into something you can apply. The three key concepts are the "value net", PARTS and role-playing. The value net is a simple model of the players to consider. Not just your business and your client, but also the competitors, suppliers and complementors (a complimentor adds value to your product like mustard to hot dogs). PARTS are five ways to look at the game. P from players-who are they; may be add new ones, A from Added Value- how much value do you add to the game, if any, R from Rules-can the rules be changed, T from tactics, and S from Scope- making the game bigger. With role-playing I refer to putting yourself in the shoes of all the other players. How do they see the game? The book contains many practical examples. Some of these do not require game theory to think of them but without game theory you would never see all the interesting options. The book also has "spiritual" content. It shows how to find "win-win" theories and avoid price wars that are "lose-lose".Very worthwhile.

Rating: 5
Summary: Stellar business strategies with real world examples!
Comment: Co-opetition debuted before the net arrived commercially, however it could easily have been written about today's hyper-speed corporate environment. (Many companies in the Dot-bomb dead-pool may have benefited from this kind of rational strategic thinking.) As the title indicates, the book is about competition and cooperation in the marketplace. Much of that discussed in the book stems from game theory, determining what moves to make in a game (or marketplace) based on the anticipated actions of the other players. The book presents numerous case studies from a variety of businesses. Each example provides a background of the competitive environment, the implications of different possible moves, and ultimately explains the results of each particular decision. It's a fantastic book, and contains valuable lessons for decision-makers in virtually any capacity.

Co-opetition is especially for those interested in game theory and business strategy. It brings to light the fact that no decision is made in isolation, and demonstrates that a win at all costs mentality is often not the most successful plan of action. Learn to analyze a situation, understand the scenarios that may result because of particular actions, move forward with a better understanding, and well thought out contingency plans for anticipated counter moves.

Rating: 5
Summary: A ¿must-read¿ for sure
Comment: First of all I should state that this book is the kind that will make you ask yourself "Why have I not read it before?"! I strongly recommend it and shortly I will try to explain whom I recommend it and why.

In fact, we are not talking about some recent business book, and therefore the potential reader should not expect to see very recent cases as support to arguments discussed. But still, the issues are very systematically, clearly and simply explained, although the examples that are used to support the arguments are "old".

I met this "potential classic business book" (or maybe already a "classic business book") as I began to be interested in game theory. Therefore I can easily declare that "Co-opetition" is very appropriate for a person who would like to see solid, practical and especially business-oriented application areas of game theory. With this book, a "101 game theorist" can try and improve herself easily. But on the other hand, this doesn't mean that the only target readers of the book are the ones that are interested in game theory. The authors have achieved to develop and illustrate practical recommendations for business world by utilizing game theory concepts. So anyone who is business life will benefit from the concepts for sure.

The language and the methods of explanation are very clear, far from being complicated and straightforward. The authors have supported all the major concepts and conclusions by using real-life examples. This way, the reader has more "reasons" to learn and remember the arguments discussed throughout the book. The logical order and the simple modular approach used to lead the discussions also help the reader understand everything explained easily. Although the book is in fact a "strategy book", the reader does not have to be someone with background information on strategy. But still, if the reader already has some background in strategic analysis, then the book offers a much more beneficial and enjoyable read. On top of everything, the nice but "not-so-difficult-to-handle complexity" of game theory itself is the real pleasure of the book.

I recommend this book to college students who are to enter business life shortly, to people with active roles in strategic decision making processes of their corporations and to people who are interested in game theory but who don't want to cope with the mathematical models of it. Have a nice read...

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