LaSandra. Let us extend the application of game theory to the workplace. Assume that you are a manager. Assume that many of the personnel working for or under you wanted to request an increase in salary. In order to request increase in salary, you would anticipate that the firm's management would expect that your sub-ordinate may also want rise in salary. If you know that your decision to seek a salary increase may be followed by others, 

What steps you would you take to make sure that you would earn a salary increase without jeopardizing the salary request of your subordinates?  

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In this scenario you are essentially dealing with a classic game theory problem involving strategic decisionmaking within a workplace context Here are ... View the full answer