International Business Research and Game Theory: Looking beyond the Prisoner's Dilemma

► We explain game theoretical solution concepts beyond the Prisoner's Dilemma. ► We show strengths and weaknesses of game theoretical applications to IB. ► Game Theory strengthens IB research regarding dynamics and uncertainties of strategic interactions between global players. ► Predictive power of Game Theory helps to anticipate cooperation and conflict in MNEs and between MNEs and other players with signaling, contracting and repeated games.