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Title:
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On generalized Tian Ji’s horse racing strategy.
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Author:
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Shu, Jian Jun.
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Copyright year:
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2012 |
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Abstract:
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Tian Ji’s horse racing strategy, a famous Chinese legend, constitutes a promising concept to be applied to important issues in today’s competitive environment; this strategy is elaborated on and analyzed by examining the general case. The mathematical formulation concerning the calculation of winning, drawing or losing combinations and probabilities is presented to illustrate the interesting insights on how ancient philosophies could promote thinking in business competitiveness, in particular, the wisdom behind sacrificing the part for the benefit of the whole or sacrificing the short-term objectives in order to gain the long-term goal. |
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Subject:
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DRNTU::Engineering::Mechanical engineering. |
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Type:
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Journal Article |
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Series/ Journal Title:
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Interdisciplinary science reviews |
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School:
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School of Mechanical and Aerospace Engineering |
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Rights:
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© 2012 Institute of Materials, Minerals and Mining. This is the author created version of a work that has been peer reviewed and accepted for publication by Interdisciplinary science reviews, Institute of Materials, Minerals and Mining. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [http://dx.doi.org/10.1179/0308018812Z.00000000014]. |
