Coordinate with colleague = -£520. Loss of 2hrs+ work -£100 fuel. Angrier. Worse off. Wear and tear on company vehicle. Damaged credit score. Stay in the field for 1hr and work? Do not move. +£420. Easy? Same reason I wouldn't lick an electric fence. Lose job. 2.5 times payrise externally. That was goodbye to Anglian. (Goal? Minimise maximum losses) Win football. Risk of injury. Chance of winning the game Payoff? £7.2k-200k via legal claim. - Loss of time. Loss of business. Loss of health. (Goal? Minimise maximum losses) Big stack at the poker table? You can contest more, and better pots. #Strategy #Economics #Retentions #Negotiations #Payoffmatrix #Decisiontrees

via Tumblr https://ift.tt/3doKRmM