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Game theory seeks to predict behavior based on an individual's best response given that individual's motivations and the individual's beliefs regarding the likely behavior
Game theory "seeks to predict behavior based on an individual's best response given that individual's motivations and the individual's beliefs regarding the likely behavior" of others. A good example is the prisoner's dilemma. How does this apply in the audit setting?
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In the context of auditing game theory can be applied to understand the dynamics between auditors and the entities they audit The auditorentity relati...
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International Business Law And Its Environment
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
10th Edition
1305972597, 978-1305972599
