Identify the players, From reading the paper, watching TV,

Identify the players

Reference no: EM13547759

From reading the paper, watching TV, browsing the Web, or interacting with friends, family or co-workers, identify a real life example of the types of "games" which are referred to in our text. What type of game does your example represent? Why?

Game theory: 1.) identify the players; 2.) identify the stakes (what the players have to win or lose); 3.) identify the rules of the game; 4.) use this to analyze a situation and predict what the players will do and what the most likely outcome will be.

Reference no: EM13547759

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