COMMON ASSESSMENT QUESTION

ECON 224

This will be a 5 to8 pages assignment based on case studies normally taken from the business press that analyze the economic standings of two different companies within one country in a developed economy.

Notice how Game Theory arises throughout modern life.

· Where do “games” seem to arise most? Cite examples from:

· Interactions you have with other individuals,

· Interactions within groups, such as in workplaces, and

· Business interactions you observe between two or more companies.

· Use analogical reasoning to compare games large and small

· What do the lessons of Game Theory offer us about understanding and improving these interactions?

· How might Game Theory intersect with Critical Thinking?

· What bearing does all this have on making better decisions?

· Introspection and insightfulness are more important than spelling or grammar.

Require:

List questions first and then answer.