Pricing Games: Sony PlayStation and Microsoft Xbox
by Valerie Y. Suslow, Francine Lafontaine
Product Type: Exercise
Publication Date: 02/2011
Product ID#: 1-428-882
Length: 7pages
Economic game theory can be a tedious and difficult concept, but it doesn’t have to be. This exercise allows students to learn about game theory via an entertaining medium – video games. After considering a pricing war between two video game giants, Microsoft and Sony, students are asked to calculate pricing strategies based off game theory predictions. Students must use a 2-by-2 s...