GCU ECN601 Week 5 Discussion (dq1+dq2) Latest 2019 April Question # 00600615 Subject: Education Due on: 04/23/2019 Posted On: 04/23/2019 06:06 AM Tutorials: 1 Rating: 4.7/5

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ECN601 Economics

Week 5 Discussion

DQ1 Read
“7 Easy Ways to Use Game Theory to Make Your Life Better,” by
Duronio. Reflect on your personal life experiences. Discuss a instance in your
life in which you used game theory to earn or save money. Did you realize you
were implementing game theory in the situation? How did the outcome benefit you
at that moment and in the future?

DQ2 Using
the Topic Material “Game Theory,” discuss your perspective on the use
of game theory. How do “Nash equilibrium” and the idea of one
“player” impacting another “player” within an organization
affect the economic decisions and growth of an organization?

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