Game Theory

Game theory is the mathematical and psychological field that shows that the outcome of any problem or negotiation is not so much about the factors that makeup that problem (i.e. the numbers or contracts), but rather a result of the strategies formed by the players or people participating in that problem. It’s the strategies that people adopt in the deal that ultimately define its outcome. In simple English, Game theory applies whenever people interact.

This means that game theory applies everywhere: from the boardroom to the office canteen, from the sales meeting to the 2nd round staff interview, and from client liaison to the analysis of the competition. At The Poker Room, however, we want to encourage individuals and corporates to take these strategies one step further before making decisions by teaching them to think like Game Theorists.

“Thank you for the Poker Room journey we have travelled over the past 6 weeks. It is seldom that a sales training course captures the imagination and enthusiasm of the entire business the way The Poker Room has!” – Mark Smith, Managing Director, Nashua North West