Open Options Corporation
Open Options Corporation is a privately owned business strategy consulting company that specializes in applied game theory and business war games where there are multiple stakeholders who can all influence the final outcome of a particular situation.
Open Options’ original software development was funded by the CIA through a company called Waterloo Engineering Software. The software was designed to help the American government better anticipate the collapse of the Soviet Union into many different breakaway republics.[1] The software was based on academic research by Dr. Niall Fraser from the University of Waterloo. Dr. Fraser has written several books on game theory, including *Mathematical Modeling of Resolutions of Conflict*[2] and *Conflict Analysis: Models and Resolutions*. [3] Open Options is led by Canadian engineer, management scientist, and businessman Tim Jeske.
Open Options uses a type of game theory called Ordinal Non-cooperative Game Theory, which is a less well-known sub-section of game theory. However, this approach and proprietary software enables Open Options to analyze millions of possible outcomes.[4]
References
- ↑ "globeandmail.com: R.O.B. Magazine". The Globe and Mail. Archived from the original on 2007-02-08. Unknown parameter
|url-status=ignored (help) - ↑ Okada, N, K.W. Hipel, N.M. Fraser and M. Fukushima (1988). Mathematical Modeling of Resolutions of Conflict, Kyoto Japan: Gendai Sugakusha (in Japanese).
- ↑ Fraser, Niall M.; Hipel, Keith W. (1984). Conflict Analysis: Models and Resolutions. North-Holland. ISBN 978-0-444-00921-0. Search this book on
- ↑ "Shall we play a game?". The Economist. 2007-05-31. ISSN 0013-0613. Retrieved 2021-06-25.
External links
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