Game Theory and Team Performance
I had came across this word Game Theory when I was taking course of Operations Research at IIT Kanpur but at that point of time I only gave attention from academic point of view and after having a basic understanding of it I moved on. Almost half a year later I watched Beautiful Mind and got flavor of importance Game Theory in economics and mathematics. Recently I downloaded two lecture notes from University of Penn and MIT and then started going through it. Suddenly I realized that Game Theory can also be applied in team performance when number players may be from 2 to N and number of Games can also be N where N is any positive integer. Any team is good as the members of the team. Performance of individuals, definitely has impact on overall performance of the team. It is given that all the members in a team may not be at same level of experience, knowledge. Their personality may be different. But, all the members are tied together with a common team goal and the out come is ...