Successful strategies rely on the interaction of market participants, subject to a set of framework conditions – the ‘market mechanism’. For decades, Nobel prizes in economics have been awarded to proponents of market design theory on a regular basis. The IFAMD institute applies insights from this scientific discipline to the consultancy practice.
The institute aims to establish mechanism design theory as the standard tool of game theory to be applied to political and business practice. B2B price negotiations constitute the core of our expertise. In this area, our strategy consultancy has been highly appreciated by our clients since 2006.