Watch the following videos:“Storage Wars: Sneak Peek | A&E” at http://www.youtube.com/watch?v=-hSXiQJViow&feature=share&list=PL367FFE3C11746F90 [6:28]“Auction Kings- Coke Machine Bidding War”

 Watch the following videos:

Prepare a response to each of the following questions, as this discussion considers the effects of competition on effective decision making:

  •  As the videos proceeded, did bidders become more competitive or more cooperative? Why?
  • How does competition influences decision making? Specifically reference the text in your response.
  • Do you think the bidders made good decisions? Were their decisions guided by a decision making process? Explain using the test as a reference?

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