Organizational Models: Properties and Operating Environments
Discussion 1
Game theory is a mathematical technique used to analyze the behavior of decision makers. Explain why economists use game theory. Give an example of a game theory that illustrates a case where individually rational behavior leads to a jointly inefficient outcome. Explain under what condition oligopoly firms may find themselves in a prisoner’s dilemma.(150-250 words)
Discussion 2
If you were going to send a colleague to India, what specific types cultural training would you recommend? .(150-250 words)
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