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In business, sports, politics, and many other fields there are probably  countless situations akin to the prisoner’s dilemma where players acting  in their own self-interest do not produce an ideal outcome. Likewise,  some player dynamics also illustrate other game theory concepts like a  game of chicken, credible threats/commitments, and other similar  concepts. Use at least one article from The Wall Street Journal  to discuss a strategic situation between players that resembled or used  any of the concepts above. What could have any of the players done  differently to achieve a better outcome?

 

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