DOES GAME THEORY AMELIORATE CONFLICT MANAGEMENT AND ORGANIZATIONAL PRODUCTIVITY?

Abstract

The study examines the impact of game theory as a conflict management style on organizational productivity. It adopts a purposive sampling technique. A total of one hundred and sixty copies of questionnaires retrieved from the respondents were used for the analysis. The study applied a multiple regression model technique to establish the effects of conflict management proxies on organizational productivity. Results revealed that with the inclusion of game theory as a conflict management variable, its contributions rose from 39.33% to 48.80%. In addition, the proxies of compromising and accommodating are statistically significant with the presence of game theory. Accordingly, the study concludes that game theory drives organizational productivity. It is therefore recommended that management should apply game theory to manage organizational conflicts. Keywords: Accommodating, Collaborating, Compromise, Conflict, Game Theory.