Applied game theory for the hospital manager. Three case studies

Area of Science:

• Decision Sciences
• Health Economics
• Game Theory Applications

Background:

• Game theory offers valuable insights into strategic decision-making.
• Previous overviews have focused on simpler aspects, necessitating a deeper exploration.

Purpose of the Study:

• To review complex game theory concepts relevant to healthcare management.
• To illustrate game theory as a strategic modeling tool for predicting interactions and economic outcomes.
• To enhance managers' ability to leverage game theory for competitive advantage.

Main Methods:

• Review of advanced game theory principles.
• Presentation of case studies illustrating practical applications.
• Analysis of strategic decision-making in healthcare contexts.

Main Results:

• Game theory provides a robust framework for modeling human interactions in healthcare.
• Understanding game theory enables prediction of economic outcomes for strategic planning.
• Application of game theory offers competitive advantages at both clinical and macro levels.

Conclusions:

• Game theory is an applicable and advantageous modeling strategy for hospital managers.
• Knowledge of game theory supports informed decision-making in the complex healthcare market.
• Game theory facilitates strategic thinking for navigating healthcare policy and professional society dynamics.