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Week 3 Discussion – Game Theory and Segmentation
Read the article, Game TheoryLinks to an external site.. 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 how organizations could apply PD to their businesses' strategy formulation, diversification strategy, and industry analysis fundamentals. Present evidence and provide support for your response to strengthen your position