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CONCLUS

1. Think Strategically: Predict opponents and plan accordingly.

2. Sequential vs Simultaneous: Understand the nature of moves.

3. Mixed Strategies: Randomize to avoid predictability.

4. Credible Threats: Build credibility in strategic interactions.

5. Payoffs: Weigh outcomes of every decision.

6. Bargaining: Set terms to gain an advantage.

7. Prisoner’s Dilemma: The challenge of cooperation.

8. Commitments: Shape outcomes through firm decisions.

9. Repeated Interactions: Cooperation grows over time.

10. Business Strategy: Use game theory to outmaneuver competitors.

CONCLUS

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talhamumtaz

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