Game theory

BenBenDeZhu SG

Is there anyone here who is good in game theory which is one of the models for decision making theory for business. I am writing an essay on decisions. need some help Very Happy

I want to know if its applicable to Singtel and Starhub. i cant decide because temasek holds a more then 50% stake on both of them. Competition between them seems abit strange. i read abt Starhub wants to raise rates for some channels for cable TV because Singtel is also bidding for them? Makes no sense unless they are doing it purposely to justify the fee hike? Confused

JackOT SG

Game theory N/A for Singapore.

Cool

BenBenDeZhu SG

My question want local companies as examples

charlize SG

So cheem.

Next you will be asking us about how to apply Nash equilibrium to fast food joints. Laughing

#$%^&* SG

Perhaps if I may suggest, you should research the existing literature to help you.

You can do this by researching journals and libraries, and you can start from online business journals and offline business libraries.

Sorry cant help you with the subject matter.

R3SsH|n SG

i just saw someone reading notes on game theory the other day on the bus... Laughing
could it be you?

Rustyhong SG

I think we will be watching EPL on NetTV by singnet next season (just my prediction). A bid war between the giants. It will be a big blow to starhub but if starhub win, the rate will increase! Haiz~! So for singnet tho!

BenBenDeZhu SG

no la i normally see chio bu on the bus Very Happy

the two big giants below to a super big giant, therefore no matter who wins temasek still win. the only logical assumption i can think of why they wan to bid against each other is they wan to jack up the price and then tell the ppl becoz the other 1 bid againts us so price like this lor

it feels like game theory but still...

shade343 SG

YOu must understand that one of the objective of Temasek is to induce competition in the local market. They are trying to create a monopolistic competition. A monopolistic competition is good in the sense that it ensures resources do not get wasted as compared to monopolies