Choose a competitive situation and model it as a game. Identify at least two players and two actions. Possible examples could include two banks that are considering whether to offer free checking; Google and Apple in the decision about whether to launch a self-driving car; or two stores in a mall deciding whether to raise prices on men’s clothing. Sketch a game matrix. Estimate or rank the conditional payoffs (higher values more valuable) for each player for each choice. Treat the moves in the game as simultaneous and find the Nash equilibrium outcome if the game is played once (one-shot game). Now consider how the game would change if it is played repeatedly forever (infinite horizon game). What insights do you gain into the competitive situation you chose?