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Advances in Developing Human Resources
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Game Theory and Strategic Human Resource Development

Vivek K. Pandey

College of Business & Technology at The University of Texas at Tyler

Thomas J. Chermack

Organizational Performance and Change Program at Colorado State University

The problem and the solution .A fundamental approach to strategic human resource development (SHRD) planning is to present human resource development (HRD) investment as a viable solution to advance the organizational interactions. We examine two specific instances of interactions: the interactions between the firm and the employee, and the interactions between HRD and other functional areas within the firm. The prescriptive solution arising from the analyses presented here is a Nash equilibrium encouraging the firm to invest in frequent and continuous HRD. For HRD professionals, the prescriptive solution lies in providing measurable productivity and performance gains to organizational decision makers.

Key Words: game theory • human resource development

Advances in Developing Human Resources, Vol. 10, No. 6, 834-847 (2008)
DOI: 10.1177/1523422308324660


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Advances in Developing Human Resources, December 1, 2008; 10(6): 817 - 833.
[Abstract] [PDF]