Winning the Hardware-Software Game - 2nd Edition
Using Game Theory to Optimize the Pace of New Technology Adoption
- How do you encourage speedier adoption of your product or service?
- How do you increase the value your product or service creates for your customers?
- How do you extract more of the value created by your product or service for yourself?
Blog
Insights Blog
- Details
- Written by Ruth Fisher
Consider how the different groups of players in the healthcare system are connected to one another:
Healthcare Industry Trends
Trends in society and in the healthcare industry over time have led to
- Increases in medical information
- Increases in numbers and specialties of service providers
- Increases in numbers of available medical devices and pharmaceuticals
- Increases in malpractice attorneys and healthcare regulations
- Consolidation of payers
- Consolidation of providers
- Increases in consumer access to healthcare insurance
- Increases in incidences of chronic disease in consumers
All these trends in the healthcare industry have led all the different sets of players to become more interconnected to one another in their actions and payoffs. As players become more interconnected, small changes to one piece of the system increasingly ripple through and affect all other parts of the system. In other words, you cannot change one part of a system without that change rippling through and causing changes in other parts of the system.
The healthcare system has become an intricately interconnected web of players. Furthermore, each player acts in seemingly perverse ways — given his particular set of incentives — to optimize his payoffs. Actions in one of the system lead to unexpected outcomes in other parts of the system.
Read more: The US Healthcare System Is Massively Complex and Massively Interconnected
Write comment (0 Comments)More Blogs
Playing the Marijuana Market Transition Game
26-09-2018 - Hits:338 - 
Ruth Fisher
Download PDF Timeline of US Marijuana Laws California Is Different from Other Legalized States Description and Implications of CA Legislation Marijuana Supply Chain Regulations and Realities Players of the CA Market Transition Game CA Market Evolution to Date Future Market Evolution California is currently transitioning from illegal and semi-legal markets for marijuana to legal markets. The black and...
Read morePlaying the Virtual Reality Game
29-08-2018 - Hits:516 - Ruth Fisher
Key Concepts Before we can understand the issues related to 360°, 3D, AR and VR technologies, we have to understand some key concepts. Immersion and Presence The goal of 360°, 3D, AR and VR technologies is to immerse users in an environment, so that they feel they have been “teleported” to this new...
Read moreIs Our Economy Playing the Demand Side or Supply Side Game?
10-08-2018 - Hits:409 - Ruth Fisher
Which actions should government take to spur economic activity during economic recessions? Liberals tend to believe in Demand Side Economics, that is, demand drives the economy. So during recessions, government should stimulate demand through spending. Conservatives, on the other hand, tend to believe in Supply Side Economics, that is, supply drives...
Read moreWhy Don’t Projects Go As Planned?
26-06-2018 - Hits:572 - Ruth Fisher
Business projects, government programs, and social activities. We make plans and projections for the activities we are going to undertake. Yet, when we actually implement the programs, all too often, the results don’t turn out as well as we had planned. Why not? I had a client, for example, that employed...
Read morePlaying the Public Roadways Game
03-05-2018 - Hits:928 - Ruth Fisher
Electric scooters (“e-scooters”) are one of the latest hot new tech toys on the scene. Several start-ups have unloaded thousands of rentable e-scooters onto the streets of major cities in the US. The scooters offer users a cheap and convenient way to travel short distances across town. These scooters are...
Read moreDiscussion of the Mapping Apps Game
07-04-2018 - Hits:782 - Ruth Fisher
Mapping apps, such as Waze and Google Maps, have created enormous value for users by helping them get to where they’re going faster. As least initially, when few people were using mapping apps, the apps were particularly helpful for individual users in rerouting them around traffic problems. However, now that...
Read moreWhat Makes the Most Popular TED Talks So Popular?
19-03-2018 - Hits:941 - Ruth Fisher
Suppose a friend told you that he was planning on doing a TED Talk, and he asked your advice on how to make his talk one of the most popular TED Talks out there. What would you tell him? This is exactly the type of question Data Scientists seek to answer...
Read morePlaying the Used Technology Game
09-03-2018 - Hits:1607 - Ruth Fisher
Smartphone manufacturers, such as Apple and Samsung, have thrived for the past fifteen years using a specific business model that involves (i) Swiftly releasing next generation products that contain significant advancements over previous generations of products, and (ii) Selling next generation technologies at a premium. However, more recently, sales of used and refurbished...
Read moreWhy Is So Difficult to Extract Value from Data?
The Future of Money
Switching Costs: The Overlooked Obstacle to Change
An Example of Game Theory in Risk Management
Playing the Sexual Harassment & Misbehavior Game
Playing the Restaurant Delivery Game
Playing the Platform Game
Overview of Technology System Dynamics
Persuasion Technologies in the Digital Age: The Good, The Bad, and the Ugly
How Have Retail Sales Changed Over the Last 25 Years?
Strategic Maneuvering in Dynamic Markets
PO Box 1806, Mountain View, CA 94042 USA | (650) 210-9294
Copyright Ruth D. Fisher. Site by In Color