Applying Game Theory to Strategy
Prior to engaging in this discussion, please read Chapter 16 in the text and review any relevant Instructor Guidance. It is suggested that you review the recommended articles to glean any helpful information. Imagine that you own a pharmacy in your area. One of your competitors launches a “We will not be undersold” campaign, which promises consumers 150 % of any difference between its prices and the advertised prices of other pharmacies. Evaluate the social issues in your community as well as the economic culture that is influencing this type of pricing competition. Develop and describe a microeconomic model that is responsive to the service demands of your market. Based on your conclusions, how would you react to this situation and with what business strategy would you approach this? How might you apply game theory to the creation of your strategy?
- SHE DWELT AMONG THE UNTRODDEN WAYS
- Week 5 Discussions
- Business Paper
- "Using Terminal Services Gateway” --"Terminal Services Web Access and Terminal Services Gateway"-- "Windows Media Services"-- "Windows Media Right Management"-- "Site Configuration"-- "Managing Communication Security"-- "AD RMS" .
- ONLY for BRAINY BRIAN
Inseparability of Markets and Regulations
Prior to engaging in this discussion, please read Chapter 17 in the text and review any relevant Instructor Guidance. It is suggested that you …