Game Theory Discussion Assignments | Online Homework Help

One of the skills we want to develop in this class is the ability to communicate about technical material in a clear and straightforward manner. So, you will spend some time each week writing up a response to a question/prompt, and then posting that on a discussion board that your peers will review. By doing this each week, you’ll get practice writing about technical matters — i.e., matters that are abstract or involve math and numbers and such. This can sometimes feel scary and awkward when you first start doing it, but with a little practice, you will get the hang of it.

Directions
For this assignment, you will write up an answer to a prompt, which is stated below.

Here is the prompt. In 500 words, write an answer to the following question:

Discussion Prompt

How do you think business and games are alike, and what counts as “rational” behavior in strategic environments?
In your answer, be sure to complete the following tasks:

Give a definition of “business” (i.e., state what you think it is).
Give a definition of “games” (i.e., state what you think a game is).
List and describe the elements that you think business and games have in common.
Explain what you think counts as “rational” behavior and what counts as “irrational” behavior when playing a game?
Explain what you think counts as “rational” behavior and what counts as “irrational” behavior in business?
Next week, you will review each other’s answers to this question. To review the assignment, you will basically check that your peer completed each of the tasks — (a) through (e) — listed above, and you will assign 1 point for each completed task. To make this explicit, you will use the following rubric to assign points:
Preferred language style US English