Strategic Vaccine Distribution
The order of play tends to matter in sequential games where rivals must predict best reply-responses and counter-responses in order to achieve a desired payoff. Discuss an instance in which you or your firm used game theory and explain why the relationship between the players was a strategic one. Did the use of a credible threat or commitment affect the outcome? Was there any first mover of fast-second strategies used?
In the realm of public health community outreach, strategic interactions often resemble sequential games where decisions must be made considering the likely responses of others. Here’s an instance that illustrates the application of game theory in my role:
Scenario: Vaccine Distribution Strategy
Background: Our hospital faced the challenge of distributing a limited supply of vaccines during a flu outbreak. The key players in this scenario included our hospital, other local healthcare providers, and the community members.
Application of Game Theory
- First Mover Advantage:
- Initial Decision: Our hospital decided to be the first mover by announcing an extensive vaccine clinic schedule early in the flu season…
In the realm of public health community outreach, strategic interactions often resemble sequential games where decisions must be made considering the likely responses of others. Here’s an instance that illustrates the application of game theory in my role: Strategic Vaccine Distribution
Scenario: Vaccine Distribution Strategy
Background: Our hospital faced the challenge of distributing a limited supply of vaccines during a flu outbreak. The key players in this scenario included our hospital, other local healthcare providers, and the community members.
Application of Game Theory
- First Mover Advantage:
- Initial Decision: Our hospital decided to be the first mover by announcing an extensive vaccine clinic schedule early in the flu season…
In the realm of public health community outreach, strategic interactions often resemble sequential games where decisions must be made considering the likely responses of others. Here’s an instance that illustrates the application of game theory in my role:
Scenario: Vaccine Distribution Strategy
Background: Our hospital faced the challenge of distributing a limited supply of vaccines during a flu outbreak. The key players in this scenario included our hospital, other local healthcare providers, and the community members.
Application of Game Theory
- First Mover Advantage:
- Initial Decision: Our hospital decided to be the first mover by announcing an extensive vaccine clinic schedule early in the flu season…