Game-Theoretical Models of Team Building
Abstract
Nowadays, in spite of great amount of qualitative discussions in management about the teams’ role, there are no formal models of team building and functioning. The paper considers the model, based on the concept of the reflexive game, which describes and explains team building in terms of hierarchy of agents’ beliefs about types of each other. The analysis allows concluding, that the stability of team is also possible under false consistent beliefs of its members. Formal model of the team building process leads to the corresponding management problem.