'Maximin strategy' presentation slideshows

Oligopoly

Oligopoly. Assumptions. Small number of sellers Identical or slightly different products Moderate barriers to entry. Market definition. To determine the number of firms in a market, you must first define the market. A market definition can be broad or narrow.

546 views • 43 slides

Decisions I

Decisions I. Risk and Decision Strategies. 1. Principles of effective decision-making:. How do individual incentives relate to organization goals? When is it worthwhile to get more information? How much weight should you put on future options?

397 views • 28 slides

Imperfect Competition: A Game-Theoretic Approach

Chapter 13. Imperfect Competition: A Game-Theoretic Approach. 13- 1. Chapter Outline. An Introduction to the Theory of Games Some Specific Oligopoly Models Competition When There are Increasing Returns to Scale Monopolistic Competition A Spatial Interpretation of Monopolistic Competition

451 views • 25 slides

Using Preference Constraints to Solve Multi-criteria Decision Making Problems

396 views • 16 slides

APPENDIX

APPENDIX. An Alternative View of the Payoff Matrix. Assume total maximum profits of all oligopolists is constant at 200 units. Alternative policies include price increases, keeping the price constant, price reductions, and an increase in advertising expenditures.

317 views • 13 slides

Phil 148

196 views • 10 slides