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A. If I don't know the Game Theory, how can I answer the following questions? When companies are competing: What is the best decision (equilibrium)
A. If I don't know the Game Theory, how can I answer the following questions?
When companies are competing:
- What is the best decision (equilibrium) in economic terms?
- Are the final decisions based solely on money, or is there something else that influences the decision-making?
- What could change the competition scenarios?
B. If I use the Game Theory, how can I answer the following questions?
When companies are competing:
- What is the best decision (equilibrium) in economic terms?
- Are the final decisions based solely on money, or is there something else that influences the decision-making?
- What could change the competition scenarios?
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