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Game-Changer

Game Theory and the Art of Transforming Strategic Situations
in: Economics
Summary:

The book provides an accessible introduction to game theory and its applications in various real-world strategic situations, from business to politics and beyond. It offers insights on how to recognize game-changing strategies and transform competitive scenarios into opportunities for mutual benefit.

Key points:

1. Commitment Power: In game theory, committing to a plan can change how others play. Strategies like cutting off options can influence opponents.

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