EBK MICROECONOMICS
2nd Edition
ISBN: 9780134458496
Author: List
Publisher: VST
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Question
Chapter 13, Problem 6Q
To determine
Meaning and real-life example of zero-sum game.
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Is life a non-zero sum game?
From your own understanding on the concept of “Game Theory”, what can you conclude about the relationship between rules of the game and the outcome that results?
What is the link between game theory and market structures? Which market structure is game theory more linked to?
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