Week 3 discussion – game theory and segmentation

Read the article, Game Theory. In the article, the authors discuss a classic case of game theory (zero-sum games) of the Prisoner’s Dilemma (PD). There are many variations of this game in use.

  • Suggest the manner in which organizations could apply PD to their business’ strategy formulation. Provide support for your response.

https://www.econlib.org/library/Enc1/GameTheory.html