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1. Discuss ways in depth that an understanding of game theory can enhance the managerial strategy of a firm. Answer the question as broadly and

1. Discuss ways in depth that an understanding of game theory can enhance the managerial strategy of a firm. Answer the question as broadly and completely as you can.

2. Discuss ways in depth that an understanding of contracts can enhance the managerial strategy of a firm. Answer the question as broadly and completely as you can.

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