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Two lanes of traffic are narrowing to one because of an accident on the road ahead. The drivers of 10 cars have ignored your turn signal and refused to allow you to merge into the single lane available. Finally, someone lets you into the lane. Does this history change your decision on letting other drivers into the single lane? Why? Is your behavior rational? Which game theory concepts relate to this situation?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91761956

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