Companies rarely suffer because of some random bad decisions. They suffer or make bad decisions because of seriously flawed patterns. In this article, we will use game theory to understand those systematic patterns.
Understanding game theory is just a prerequisite. The first step towards strategic success is to use it to make an informed decision. In the dynamics of a game, there come certain points where you have to take specific actions, which are followed by reactions, engaging players in a continuous loop of push and pull in … Continue reading How to use Game Theory for Decision Making?
