Competitive Intelligence and Strategy Formulation: an Evaluation from the Game Theoretical Perspective

Karabacak, Hakan; Akdeve, Erdal

doi:10.51290/dpusbe.873027

Cited by 3 publications

(1 citation statement)

References 40 publications

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“…The first studies on the Nash equilibrium were made by Cournot in 1838 and Bertrand in 1883 [9]. On the other hand, if a non-Nash equilibrium situation occurs, at least one player has made a mistake [10].…”

Section: Nash Equilibrium Theoremmentioning

confidence: 99%

A Study on Modeling of Conflict and Agreement With Game Theory

ÇAPIN

Konca

2023

Journal of Universal Mathematics

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Game theory is a mathematical approach to analyze the state of competition between players. The foundations of this theory go back about 170 years, and the main development of the subject is based on the last 55 years. In this study, the effect of game theory on political elections and political behaviors has been examined. The Nash equilibrium is investigated by creating a mathematical model of the gains and losses that two political parties obtain in the elections according to the coalition formation status of two political parties by using the Prisoners' Dilemma game model in cooperative and non cooperative games.

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Section: Nash Equilibrium Theoremmentioning

confidence: 99%

A Study on Modeling of Conflict and Agreement With Game Theory

ÇAPIN

Konca

2023

Journal of Universal Mathematics

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Examining Competitive Strategies in Growing Coffee Industry with Game Theory

Oral,

Aysin,

Çalmaşur

et al. 2024

Cumhuriyet Üniversitesi İktisadi Ve İdari Bilimler Dergisi

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The coffee market in Turkey is growing rapidly, leading to fierce competition between international, national and local coffee shops. It has become extremely important for the local economy that local businesses can compete and survive with these more institutionalized structures that also have brand advantages in competition. In this study, game theory was used as a tool to analyse the competitive strategies of companies operating in the coffee market by designing both zero-sum and non-zero-sum games. Considering that the expectations, tastes, preferences and consumption habits of the generations may be different, 1600 people were surveyed in Erzurum province by grouping them as Generation X, Y and Z according to their year of birth. Different game matrices were created with the data obtained from the surveys. The games were designed to identify the prominent strategies among coffee shops for each generation. The results showed that, regardless of generation, local coffee shops stand out from international and national coffee chains in terms of space comfort. In addition, local shops also stand out in terms of meeting consumer expectations. In order to gain a competitive advantage, local coffee shops should focus on developing strategies related to the space comfort. Developing this strategy provides opportunities for local businesses to increase their market share. It is also observed that Generation Z has higher expectations in all strategies compared to other generations.

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Şehir Bazlı İmar Planlarının Oyun Teorisi Yaklaşımı İle Meydana Getirilmesi, 1000’lik Plan Örneği

TAŞKAYA

2023

International Journal of Advances in Engineering and Pure Sciences

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Zoning plans are the formation of rules that will regulate all kinds of needs of a group of people living on a certain piece of land. While the plans are being formed, they are in a flow from the development plans to the latest implementation plans in the hierarchy from the top to the bottom scale. Subsequently, a zoning application is made in the area determined depending on the population density. In this application, various zoning parameters are formed in accordance with a certain rule. It meets the needs of people by creating a subject, trade, official institution or many social reinforcement areas. It is created for this purpose in plans of 1000 called applications. It is created by making use of approaches such as game theory. Game theory is the task of determining the best strategy within the framework of the rules in an application that is considered a certain game. In planning, it will be possible to determine the formation of the best housing, commercial or social facilities and the determination of development areas with area-based correlation within the planning rules, with game theory. As a game theory element, it was tried to explain how to create the best open application development plan with the integral function of population, population growth amount, area-based surface area amounts according to plan definitions. The study area was about how to examine the parts of an application or revised zoning plan with game theory based on the city-based Elazığ.

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Competitive Intelligence and Strategy Formulation: an Evaluation from the Game Theoretical Perspective

Cited by 3 publications

References 40 publications

A Study on Modeling of Conflict and Agreement With Game Theory

A Study on Modeling of Conflict and Agreement With Game Theory

Examining Competitive Strategies in Growing Coffee Industry with Game Theory

Şehir Bazlı İmar Planlarının Oyun Teorisi Yaklaşımı İle Meydana Getirilmesi, 1000’lik Plan Örneği

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