Out-think! : How To Use Game Theory To Outsmart... -

Next time you're in a high-stakes situation, don't just ask "What should I do?" Ask:

A company offering a 10-year warranty is signaling high product quality. A low-quality competitor couldn't afford to do that, making the signal credible and outsmarting the competition's marketing. The Bottom Line Out-think! : how to use game theory to outsmart...

This blog post explores how to use game theory to gain a competitive edge in various scenarios. Out-Think: Using Game Theory to Outsmart Anyone Next time you're in a high-stakes situation, don't

If you are a marketer, don't always launch products on the same schedule. By varying your timing and messaging, you prevent competitors from "pre-empting" your launches with their own sales. 4. Think Beyond "Zero-Sum" Out-Think: Using Game Theory to Outsmart Anyone If

Instead of fighting a colleague for a promotion, suggest a restructuring where you both take on new, distinct leadership roles that didn't exist before. 5. Signal Credibility