Question
What is Game Theory and why is it a useful way to understand decision-making in oligopoly markets? Give real-world examples of where you feel firms
What is Game Theory and why is it a useful way to understand decision-making in oligopoly markets? Give real-world examples of where you feel firms might have used game theory to improve decision-making. Do you feel countries use game theory?
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Game theory is a branch of mathematics that studies strategic decisionmaking among multiple participants or players It provides a framework for analyz...
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
