Huric Larsen, Jesper Fredborg (2014): Strategies and evaluating strategic choices of firms and consumers.
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Abstract
The purpose of this note is to introduce how to evaluate strategic choices of the firm using economic principles. The procedure is based on simple cost benefit considerations such as building on the economic principles of incentive compatibility constraints based in Game Theory.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Strategies and evaluating strategic choices of firms and consumers |
| Language: | English |
| Keywords: | strategic interaction, game theory, evaluation of strategic choices, incentives constraints |
| Subjects: | C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior |
| Item ID: | 58586 |
| Depositing User: | Jesper Fredborg Huric Larsen |
| Date Deposited: | 17 Sep 2014 04:37 |
| Last Modified: | 03 Oct 2019 14:20 |
| References: | Besanko, D., Dranove, D., Shanley, M., Schaefer, S. (2010). Economics of strategy. John Wiley & Sons. Heiffetz, A. (2012). Game Theory: Interactive strategies in economics and management. Cambridge University Press. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/58586 |
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