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Game Theory, Barry's version card game, Adam's version card game,…

- - - - Rule of game
  - - - offer to customer
  - - - 26 black cards
      - Students
        
        26 red cards
    - - Adam has only one chance with each student
      - 80/20 safe
      - 90/10 reasonable
      - don't try 99/1
- - - - General Principle
        
        card game
        
        game of business
        
        game of life
  - - - Out of the game
        
        Hard to get
        
        limited by what you bring
        
        Don't count on getting more than your add value
  - - - Adam $2600
        
        Total value of the game
      - Student $100 for each
        
        End up half of their add value
    - - Each Student's add value is zero
        
        offer $10/ $20
        
        No one student is essential of game
  - - - quickly agree to sell with low price
        
        their fallback option
        
        ignore Adam fallback option
    - - Add value
        
        To calculate
        
        minimum payoff willing to acept
        
        willing to pay to have you in game
    - - Individual added value
      - the large added value of group
        
        same position as you
    - - hardly without them
        
        Ford has huge added value
  - - - keep their added value hidden
    - - ultimate nihilistic experience
    - - envisage what would the world look like
    - - Jimmy Sewart
- - - - A
        
        initiate a shoot-out :silhouette:
      - B
        
        1. buy the first one out at that price :silhouettes:
        
        2. sell his partnership interest at that price :silhouettes:
    - - A
        
        $100 million
        
        Maximum accept price : $50 million
        
        A should state a price of $31 million
      - B
        
        $60 million
        
        Maximum accept price : $30 million
  - - - the film’s writer
        
        The studio’s lawyer :
        $750,000~2 million
        
        the two parties settled at $250,000.
        
        The agent : $30,000
    - - The studio
        
        second-rate talent
        
        raised to $750,000
      - The writer
        
        get $750,000
    - - agent
        
        be fired
        
        miss the scope of the game
      - lawyer
        
        not be allowed to handle this kind of deal
- - - - To be rational
      - Understand the game
      - No misperceptions
        
        feelings of pride
        fairness
        jealousy
        spite
        vengefulness
        altruism
        charity
    - - Like Poker and Chess
      - Seldom zero-sum :checkered_flag:
        
        means
        
        Fail together :explode:
        
        Divide $100
        
        Adam
        
        can get $60/ $90
        
        Student
        
        can get $ 40/$10
        
        Take you down
        
        1 more item...
        
        Succeed together :champagne:
      - 1,-1
    - - WHAT
        
        Spend two-third of my time thinking about him and what he is going to say
        
        Spend one-third of my time thinking about myself and what I am going to say
      - Underlines three things
        
        To understand how a rule affects the play of a game, you have to put yourself in the other players' shoes to anticipate how they'll react to your move
        
        They analyzing the game form their perceptive and adopting their view of the world
        
        WHY
        
        helps get you where you want to go but not always
        
        To take account of differing perceptions, you have to put
        yourself in the other players' shoes and see how they look at the game
        
        To access your added value, you have to put yourself in the other players' shoes and ask what you bring to them
  - - - The result is different :no_entry: when the players make a "crazy" things
        
        "Irrational" sale man will be arise
        One man price war :silhouette:
        
        WHY?
        
        hitting and exceeding sale targets than the original profit margins
        
        Remember to look at a game from multiple perceptives
- - - - Kinds of printers
        
        laser printers
        
        15 %
        
        $2,200
        
        :check:
        
        ink-jet printers
        
        5%
        
        $650
        
        Dot-matriX printers
        
        80 %
        
        $550
      - Productor
        
        HP
        
        be good at Dot-matriX printers
        
        Epson
        
        be good at ink-jet printers & laser printers
    - - Epson
        
        launched a laser printer
      - HP
        
        launched a laser printer
        
        low price
      - Due to
        
        intensifying price competition
        
        other productors lowered the prices of their laser printers
        
        Eventurally
        
        :red_flag:losing dot-matriX sales to the
        now comparably priced ink-jet machines
- - - - To describe the cast of players and to diagram their relationship to each other
    - - To produce a big difference in the way a game is played out
    - - To determine who has power in a game and who will get the big payoffs
    - - To shape a perception of perceptions, perceptions of perceptions of perceptions
    - - To understand what's going on, you need to be sure to consider the links
- - - - Rams to move from Anaheim to St. Louis.
        
        LA lost the Raiders to Oakland
        
        LA 2 empty stadiums
        
        greener pastures of Baltimore as Cleveland Browns new home
        
        Cleveland 1 empty stadium
        
        Houston Oilers ==> Nashville
        
        Houston 1 empty stadium
        
        Seattle Seahawks, Phoenix Cardinals leave
        
        Tampa Bay Buccaneers ==> Orlando
        
        1 more item...
    - - competition beginning
    - - made money
      - in a cost
        
        teams less loyal to hometowns
        
        fans become less loyal to teams