• Describe the performance of the industry during the past three years.
• Indicate a game theory and a major decision the industry might make based on that theory.
• Use a decision tree or payoff matrix to show players, strategy, and payoff (you can use hypothetical numbers).
• Apply the Nash equilibrium, and identify a dominant strategy involved, if one is in play.
• Discuss if a player can change the game to his or her advantage.