Question
In business, sports, politics, and many other fields there are probably countless situations where players acting in their own self-interest do not produce an ideal
In business, sports, politics, and many other fields there are probably countless situations where players acting in their own self-interest do not produce an ideal outcome. Likewise, some player dynamics also illustrate other game theory concepts like a game of chicken, credible threats/commitments, and other similar concepts.USE AT LEAST ONE ARTICLE FROMTHE WALL STREET JOURNALto discuss a strategic situation between players that resembled or used any of the concepts above. What could have any of the players done differently to achieve a better outcome?
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