Firms all over the world are entering into strategic alliances. Successful alliance management, however, requires corporations to adapt their management models to the demands of this new mode of organization. New tools, techniques and ideas need to be introduced in order to fully benefit from...

According to economists game theory is the study of strategy, or study of actions of agents whose outcome depends on the actions of other agents. The objective of this paper is to outline the major contributions of game theory to an examination of the individual rationality of firms that causes...