Write a paper done with diagrams of strategies, players, and

Write a paper done with diagrams of strategies, players, and computed payoffs, and a computed Nash Equilibrium and profit consequences.

Locate Group Problem G15-1: Strategic Game at the end of Chapter 15 in Managerial Economics: A Problem Solving Approach.

Spend 2 or 3 hours observing the organization in which you are employed. During the observation, identify internal and external interactions of the organization. You can talk to stakeholders who might have information relating to external interactions in order to gather necessary information. Use the observation information to complete all parts of the question presented in the problem. Your response should be 500-750 words. Include the diagram required in the problem.

Group Problem G15-1 From the Book – Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm that can be described as a sequential or simultaneous game. Diagram the strategies, players, and compute payoffs as best you can. Compute the Nash equilibrium. What can you do to change the rules of the game to your advantage? Compute the profit consequences of your advice.

Suppose I currently work at a women’s clothing store owned by a relative. We sell decent quality average and plus size clothing that veers toward professional, causal, and clubbing clothes. I would consider us comparable to Ashley Stewart, Avenue, or Lane Bryant.