Question
Think back to some interaction that could be described as a game that you or your firm has had with another organization (eg: another firm
Think back to some interaction that could be described as a game that you or your firm has had with another organization (eg: another firm in your market that sells a product that is perceived as a substitute for your product, a supplier, a customer, a government, etc.), or with another department within your organization. Make sure to identify the type of game (one-shot simultaneous game, repeated simultaneous game, or sequential game), the players, the strategies available, and try to describe the payoffs (a quantitative estimation would be ideal, but a qualitative approximation may suffice -oftentimes, defending that some payoff must be greater than another is enough to assign 'simplified payoffs' and solve the game). Analyze the game and its solution and discuss whether there was any strategic move that could be used to change the game to your advantage.
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