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Group Problem G16-1 Bargaining Describe some bargaining interaction your company has with another entity (firms pro- ducing complementary or substitute products, upstream suppliers, or downstream
Group Problem G16-1 Bargaining Describe some bargaining interaction your company has with another entity (firms pro- ducing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm. Describe the bargaining as either a strategic or nonstrategic interaction. Compute payoffs as best you can. Compute the Nash equilibria (strategic) or the likely outcome (nonstrategic view). What can you do to change the bargain- ing to your advantage? Compute the profit con- sequences of your advice
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