The Game: Two teams split in equal halves are given two dies (one red and a green). There is an arbitrary bank which collects one dice from each team after each round. The team is supposed to give the dice to the bank at the end of each round after internal discussion. There are four ...
Tags: Game theory, organizational productivity, negotiation abilities, Iterated Prisoner Dilemma, Prisoner's dilemma, success and failure

The Think Tank team picked the ‘Game Theory’ for one of their September speed sessions An introduction to the interesting theory below. Games have always been the avenue or platform for mindful tactics and strategies to be put into action. With games like monopoly and chess, we have admired the skill & foresight of champions of the ...
Tags: speed sessions, tank team, interdependent decisions, prime application, Cooperative game