ECN 601 Topic 5 DQ 1 plus DQ 2
Topic5DQ1 Mar2-4, 2023 The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance inwhich you or your firm used game theory and explain why the relationship between the playerswas a strategic one. Did the use of a credible threat or commitment affect the outcome? Werethere any first-mover offast-secondstrategiesused? Topic5DQ2 Mar2-6, 2023 In business, sports, politics, and many other fields there are probably countless situations akin totheprisoner'sdilemma whereplayersactingintheir ownself-interest donot produceanideal outcome. Likewise, some player dynamics also illustrate other game theory concepts like a gameof chicken, credible threats/commitments, and other similar concepts. Use at least one articlefrom The Wall Street Journal to discuss a strategic situation between players that resembled orusedanyoftheconcepts above.Whatcouldhaveanyoftheplayersdonedifferentlytoachieveabetter outcome?
Escuela, estudio y materia
- Institución
- Grand Canyon University
- Grado
- ECN 601 (EECN601)
Información del documento
- Subido en
- 4 de septiembre de 2023
- Número de páginas
- 3
- Escrito en
- 2023/2024
- Tipo
- Otro
- Personaje
- Desconocido
Temas
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