Pierce bailey, a sales executive at a mobile service company, needs to document details of the sales calls he makes on a daily basis. what kind of knowledge is he documenting when he is inputting in customer contact information, responses of customers, and follow-up that needs to be done?

Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.