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Decisions Under Pressure: What Game Theory Teaches Mexican Professionals About Strategy and Risk · Global Voices
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The volatility of the exchange rate, changes in interest rates, inflation, supply chains and changes in international trade force decisions to be reviewed almost permanently. In this context, the relevant question is not how to avoid risk, but how to make better decisions when information is incomplete. The game theory was born in order to respond to that challenge. John von Neumann and Oskar Morgenstern demonstrated that strategic decisions sho…
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