Cluster Games

(2012) - A Novel, Game Theory-Based Approach to Better Understand Incentives and Stability in Clusters
Gerd Meier zu Köcker/ Thomas A. Christensen (Hrsg.)

This paper introduces an entirely novel way to study clusters by looking at the selfish, profit-seeking interests of the entrepreneurs, the actors of clusters. The approach, using game theory provides an exact, mathematical framework to study the conflict between the fruitful cooperation represented by the cluster and the selfish ways of the actors to follow their own – possibly short term – interests. The game theoretic approach makes it possible to identify not only good or bad clusters, provide recipes for solutions in some of the bad clusters, but also to define golden rules that do not only facilitate the evaluation of existing clusters, but help future cluster managers to create better, more stable clusters.

PDF document icon Download 2.6 MB

Share this page: