Company happens in a network consisting of different firms that have correlations with each other. You will find correlations between producer and also the dealers and correlations among the dealers.
The judgment on matters including cost of each company affects the other firms' gains. This kind of conclusion may be based on a sensible reasoning through the use of the idea of game theory.
Yet, to apply game theory to real-world problems, we must first understand the "game rules" in company through assessing flat and vertical correlations between businesses and how such features as information asymmetry impacts the equilibrium solution.
PUBLICATION DATE: July 31, 2014 PRODUCT #: W14326-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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