Posts Tagged ‘game theory’

TweetThink of a game of chicken. You remember the movie, Rebel Without A Cause, with James Dean? Two “youts” in stolen cars, driving headlong towards each other on a deserted road. The first one to swerve out of the way is the “chicken.” Seems to be an odd choice of game theory played out in […]

TweetBig competitors can wait you out. They’ve got more lawyers than you have employees and pockets deep enough to swallow your whole company. And between you and me, when the lawyers get involved, they are typically the only ones to benefit. So when you get the formal declaration of corporate war via certified mail lambasting you […]