A familiar adage is that it is important to "never underestimatea rival." Does behavioral game theory also suggest that it isimportant not to overestimate rivals? Explain.Behavioral gametheory suggests that managers

A. should not overestimate their rivals because they maycarefully consider their strategies.

B. should overestimate their rivals because they may lack theability to reason.

C. should not overestimate their rivals because they may havepsychological biases.

D. should overestimate their rivals because they may bestrategic thinkers.

E. can never overestimate their rivals because they will userational strategies.