Which types of game theory applicable to automotive industry

Reference no: EM132207807

Question: As an aspiring executive your goals for this discussion question is to align the type of game theory and business strategy that would pertain to the automotive industry that aligns practical theory to real-world events. As you prepare a memorandum for an upcoming board meeting to present to the Board of Directors with the automotive industry, you will be ask to discuss the following topics in your summary

Type of oligopoly that pertains the automotive industry

The four assumptions that relate to game theory

Which types of game theory are applicable to the automotive industry?

Type(s) of Nash equilibrium that exist with the automotive industry

Types of business strategies employed by the automotive industry

Does "Cheap Talk" promote good business relationships? Please explain

Reference no: EM132207807

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