Use of game theory in executive support system

Use of game theory in executive support system
Author(s):
Ashish Sharma, Sarika Jain
Keywords:
Game Theory, Executive Support System, Equilibrium Theory, MIS, KMS, DSS, economics
Abstract
In today’s world competition in every business is increasing as compared to past. So as we can see in this competitive environment, top management or executive need much accurate and brief information about the market which can help them develop the strategy, they also need an accurate data to take short and long term decision. Executives are using every source of information which is available to them; but still executives are not getting better results as expected because there support systems are not changed according to their requirement so they can evaluate the data and take decision according to that. This paper is going to suggest using GAME THEORY in developing different type of game we can use also it in developing Support System for them because as we know games are developed according to every thought which a player can think and do. They think on every aspect of the player which a person can think and according to that they develop their strategy and decide that a strategy. So if we can use this concept to develop software then software’s are helpful for the senior management teams to take better decisions and perform better than others
Article Details
Unique Paper ID: 142335 Publication Volume & Issue: Volume 2, Issue 1 Page(s): 66 - 70
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