Thinking Strategically

Authors Avinash K. Dixit and Barry Nalebuff use ideas from game theory to show how strategic thinking works in real life.

The book explains that in many situations in life – such as business, negotiations, relationships or competition – it isn't enough to think only about your own moves. You also need to anticipate:

• what others will do
• how they will react to your choices
• how you can change their behaviour in your favour

The main idea

The winner is the one who thinks several moves ahead, not the one who reacts fastest.

What the book teaches

• how to make strategic decisions
• how to understand your opponent's behaviour
• how to avoid the "traps" of cooperation or competition
• how to use logic in complicated situations

It is a book that teaches you not to think only "What should I do?", but also: "What will the other person do if I do this?"