Question
Find or develop a - two-strategy game, that shows why rational people find it difficult to cooperate in a team setting. show how the strategy
Find or develop a - two-strategy game, that shows why rational people find it difficult to cooperate in a team setting. show how the strategy game you created can be used to depict price wars and advertising battles among competing firms. The content should be broken down by Game Explanation of the equilibrium Linking the game to group work scenarios Example/examples of the game depicting price wars and advertising battles among competing firms, it falls in the "game theory" branch of economics which is concerned with the analysis of strategies where the outcome of a person's choice depends on the actions of other participants
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