How To: Negotiate a pay raise with game theory

In this video, we learn how to negotiate a pay raise with game theory. You first need to take into account how much money you are getting an hour with how much you are worth. Make a chart with your boss on there and the other player is you. You will then see if you want to play soft, medium, or hardball with them to negotiate. Think about how your boss will respond to different types of negotiations. When you are finally confident in approaching your boss, you will get respect and get the pay raise that you are wanting! This can help you get enough money to live your life and enjoy your job!