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Regards to decision making in management

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The central concept of Nash equilibrium is much more general. A Nash equilibrium recommends a strategy to each player that the player cannot improve upon unilaterally. Explain this in regards to decision making in management.

Reference no: EM131101854

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Regards to decision making in management : The central concept of Nash equilibrium is much more general. A Nash equilibrium recommends a strategy to each player that the player cannot improve upon unilaterally. Explain this in regards to decision making in management.
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