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Perspective on the use of game theory

Assignment Help Macroeconomics
Reference no: EM131063659

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Q1.  Read "Game Theory Explained," located on the PBS website. Discuss your perspective on the use of game theory. How do "Nash Equilibrium" and the idea of one "player" impacting another "player" within an organization affect the economic decisions and growth of an organization?

https://www.pbs.org/wgbh/amex/nash/sfeature/sf_dixit.html

Q2.  Read "7 Easy Ways to Use Game Theory to Make Your Life Better," by Duronio. Reflect on your personal life experiences. Discuss a time you have used game theory in your life to earn money or save money. Did you realize you were implementing game theory in the situation? How did the outcome benefit you at that moment and in the future?

https://www.businessinsider.com/how-to-use-game-theory-to-your-benefit-2012-4?op=1

Reference no: EM131063659

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