Many people are afraid to play their best move. They are afraid that it will provoke the other person to do something terrible.
Books 1
Readers tracking 8
Notes taken 14
1 book on Booksense
What readers marked in Avinash K. Dixit's books
The fundamental concept of game theory is that people are strategic in their decisions. We anticipate and react to what others do.
In all business situations, you are a player in a game. Your ability to do well depends not just on your own actions, but on how others respond to them.
To make good decisions, you have to consider not only how others will respond to your choices, but also how they expect you to respond to theirs.
Game theory, focuses on how a player should strategically behave to maximize his payoff, given the potential responses of other players.
Read Avinash K. Dixit and keep what you find.
Booksense times your sessions, tells you how long a book actually takes you, and pins every note to the page it came from. Free on iOS.