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Importance of prisoner dilemma as a sub-optimal solution

Assignment:

Discussion 1. Discuss the importance of the Prisoner's Dilemma as a sub-optimal solution.

Discussion 2. Comment on strategic vs non-strategic bargaining.

Discussion 3. Randomness, Probability and Uncertainty are important in market behavior - provide a rationale.

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Managerial Economics: Importance of prisoner dilemma as a sub-optimal solution

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Managerial Economics: Importance of prisoner dilemma as a sub-optimal solution

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