Mike G.
Broschiertes Buch

Introduction into Game Theory (Business Context)

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Abstract from the year 2017 in the subject Business economics - Investment and Finance, , language: English, abstract: From the popular series "Numb3rs" you may know the term "Game Theory", but do you actually know what this is and how it works? During a six-week session of microeconomics, several basic principles are introduced and applied in the business context. Game Theory deals with the optimal behavior of rational decision makers in a simplified surrounding. This text deals with the optimal behavior during a second price action and within oligopolistic competition. The basic ideas like t...