Game Theory and how it applies to business
•Skim the introduction and “Game Types” section of: https://en.wikipedia.org/wiki/Game_theory
•What are your insights on the applicability of Game Theory to commercial interactions, from individuals to big corporations?oWhere does it apply best?Might this be where the irrationalities of humans occur most?Where does it apply least?
•Relating to the article “Games managers should play” written by Hugh G. Courtney
Give examples relating to your REAL Case/industry of possible benefits from using decision-making models like game theory.
500-600 words?
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