© 2018

Game Theory in Management Accounting

Implementing Incentives and Fairness

  • David Mueller
  • Ralf Trost

Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Non-cooperative Models: The Design of Incentives and the Analysis of Preferences

  3. Cooperative Models: Models of Fairness and Its Applications

    1. Front Matter
      Pages 209-209
    2. Juan D. Moreno-Ternero
      Pages 267-285
    3. Jens Leth Hougaard
      Pages 287-300
    4. José M. Gallardo, Nieves Jiménez, Andrés Jiménez-Losada
      Pages 323-348
    5. Alejandro Saavedra-Nieves, Ignacio García-Jurado, M. Gloria Fiestras-Janeiro
      Pages 349-360

About this book


This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.


Cooperative Games Cost Allocation Managerial Incentives Auction Theory Performance Management Corporate Fairness Budgeting

Editors and affiliations

  • David Mueller
    • 1
  • Ralf Trost
    • 2
  1. 1.Institute of EconomicsBrandenburg University of TechnologyCottbusGermany
  2. 2.Faculty of Economic Sciences and MediaIlmenau University of TechnologyIlmenauGermany

About the editors

David Mueller is Professor of Management Accounting and Control at Brandenburg University of Technology (BTU) Cottbus-Senftenberg. His research interests are cost accounting, life-cycle costing, real options, and cooperative game theory

Ralf Trost is Professor of Finance in the Faculty of Economic Sciences and Media at Ilmenau University of Technology and recived his doctorate and his habilitation at the University of Augsburg.

Bibliographic information

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“Game theory is considered by many people as probably the most widely adopted and a very relevant paradigm in human knowledge in the contemporary world. This view is supported by the fact that a significant number of  academics have won the Noble Prize for  their work in the area of game theory. "Game Theory in Management Accounting" is a new book on this important paradigm of game theory in Accounting  As there was no full book on game theory in Accounting until the publication of this book, there was a major vacuum in the Accounting literature which is now filled in by the publication of this book. It is expected that this book will be an extremely interesting and useful reference book to many academics and professionals, not only in Accounting but in many non-Accounting disciplines, around the world for many decades to come.” (Dr. Sardar M. N. Islam  Ph.D., LL.B., Professor, College of Business, Victoria University, Australia)