Acquiring a Company a Scenario o The value of l depends on the outcome of a current oil exploration project ◆ Failure:m” s value=$0 .Success: T s value=$100/share .All outcomes are equally likely Game Theory 西南民族大学S|ide11Game Theory 西南民族大学 Slide 11 Acquiring a Company ◼ Scenario ⚫ The value of T depends on the outcome of a current oil exploration project. ◆Failure: T’s value = $0 ◆Success: T’s value = $100/share ◆All outcomes are equally likely