JWI 515 Ottawa University Game Theory Move Games Question

I’m working on a management multi-part question and need support to help me understand better.

Part 1:

Read a topic from Chapter 15 and chapter 16 and write a summary on it.

Also, provide a graduate-level response to each of the following questions:

1. American Airlines and British Airways are proposing to merge. If British pilots and American pilots are represented by different unions, how would this merger affect airline costs?

Part 1 needs to be 500 plus words and APA format (refer chapter 15 and chapter 16 from the Managerial Economics textbook)

Part 2:

Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm that can be described as a sequential or simultaneous game. Diagram the strategies, players, and compute payoffs as best you can. Compute the Nash equilibria. What can you do to change the rules of the game to your advantage? Compute the profit consequences of your advice.

Please answer part 2 from a manager’s point of view, part 2 should be 1.5 – 2 pages APA format. Site all the references used. At least one scholarly journal related to economics/organizational behavior should be used along with the textbook.

Part 2 needs to be 1.5 – 2 pages and APA format (Attached Managerial Economics textbook – refer chapter 15 and chapter 16)