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But the second take away lesson is more general,
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so let me just pause to get everyone to wake up again so I make it.
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The second take away lesson is this.
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What tips the balance here from the Economics answer
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and the accounting answer, were the strategic effects.
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It was the strategic effect. This is a strategic effect.
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It was the effect of the other firm or other players
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changing their behavior.
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And the most common mistake to make
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when you're thinking about strategic decisions is what?
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It's to forget that they're strategic.
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It's to forget that the other players are going to change their behavior.