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Enlightenment of prisoner’s dilemma on book sales management system

Zhihong Liu

Abstract

prisoner’s dilemmas is a representative example of game theory in game analysis. It reveals why two perfectly rational
individuals may not cooperate, even if it is in their best interests to do so. Taking the price competition between British bookstores as an
example, this paper expounds the Enlightenment of relevant game theory on the construction of modern book sales management system
through the game theory of management economics such as prisoner’s dilemma.

Keywords

Prisoner’s dilemma; Book sales; Economic management; Nash equilibrium

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References

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DOI: https://doi.org/10.18686/mcs.v5i2.1688

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