Question: Would backward induction be useful in determining the optimal decision in the following situation? If so, describe the decisions in the game being played. You
Would backward induction be useful in determining the optimal decision in the following situation? If so, describe the decisions in the game being played. You are an executive at the American Cancer Society. You are setting a single date for a fund-raising walk-a-thon to be held in cities throughout the nation. You learn that that the American Diabetes Association is considering the same sort of fund-raiser. The finds raised for each charity will be larger if the walk-a-thons do not conflict with each other
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