Game: Suppose you are an exclusive nut manufacturer who has 26 nuts. There are 26 other individuals who have 1 bolt each (but no nuts)
No nut or bolt in isolation have any value. However as a pair each is worth 100/- each.
Now think of yourself as one of the 26 bolt holder. How much do you think will you be able to charge for your bolt? What can you do to increase your bargaining power?
Form a cartel?
Well now comes the strategy part. How as a nut owner, you can counter their cartel and extract the max of the 100/- X 26 = 2,600/- for yourself.
Answers next week
Ankur Aggarwal
sree
Sandip Chaudhuri
vbr
shobhendrasrivastava
