Game Theory is defined as "the mathematical modeling of strategic interaction among rational (and irrational) agents." Could we apply these same models and predictive analysis to the marketplace and our supply base?
Can the way we actually present our sourcing events alter the economic outcomes? This paper will explain various fundamentals of economic game theory and how those same methodologies can be applied to help predict the market reactions to sourcing, and specifically eSourcing, events.
PLEASE CLICK HERE to view this whitepaper.