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A familiar adage is that it is important to "never underestimate a rival." Does behavioral game...

A familiar adage is that it is important to "never underestimate a rival." Does behavioral game theory also suggest that it is important not to overestimate rivals? Explain.Behavioral game theory suggests that managers

A. should not overestimate their rivals because they may carefully consider their strategies.

B. should overestimate their rivals because they may lack the ability to reason.

C. should not overestimate their rivals because they may have psychological biases.

D. should overestimate their rivals because they may be strategic thinkers.

E. can never overestimate their rivals because they will use rational strategies.

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