'Marginal cost c' diaporamas de présentation

Environmental Economics Course

Environmental Economics Course. Market failure and decision making. 19/10/2011. Cristina Marta- Pedroso. cristina.pedroso@ipb.pt cristina.marta@ist.utl.pt. Externalities Public Goods Ecosystem services Economic Valuation of Ecosystem Services

732 views • 59 slides

Duopoly

Prerequisites. Almost essential Monopoly Useful, but optional Game Theory: Strategy and Equilibrium. Duopoly. MICROECONOMICS Principles and Analysis Frank Cowell. January 2007 . Overview. Duopoly. Background. How the basic elements of the firm and of game theory are used. .

838 views • 45 slides

EC930 Theory of Industrial Organisation Topic 2: Oligopoly theory

1.04k views • 45 slides

Supply

Supply. IMBA Managerial Economics Lecturer: Jack Wu. Supply. DRAM Industry, 1996-98. Prices falling sharply: Fujitsu closed Durham, UK, factory but continued production at Gresham, OR Texas Instruments sold Richardson TX, Italy, and Singapore plants to Micron TI shut Midland, TX plant.

680 views • 44 slides

Supply

Supply. IMBA Managerial Economics Lecturer: Jack Wu. DRAM Industry, 1996-98. Prices falling sharply: Fujitsu closed Durham, UK, factory but continued production at Gresham, OR Texas Instruments sold Richardson TX, Italy, and Singapore plants to Micron TI shut Midland, TX plant. Question.

545 views • 43 slides

Static Games of Incomplete Information

Static Games of Incomplete Information. Mechanism design. Typically a 3-step game of incomplete info Step 1: Principal designs mechanism/contract Step 2: Agents accept/reject the mechanism Step 3: Agents that have accepted, play the game specified by mechanism

415 views • 24 slides

Advertising, Market Power and Information

Advertising, Market Power and Information. Introduction. Advertising has played a central role in development of marketing allows manufacturers to reach customers directly with information about their products and prices removes need for specialized sellers providing expertise

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ECO290E: Game Theory

ECO290E: Game Theory. Lecture 11 Repeated Games. Bertrand Puzzle. Firms receive 0 profit under the (one-shot) Bertrand competition. But the actual firms engaging a price competition, e.g., gas stations locating next to each other, seem to earn positive profits.

218 views • 8 slides

Information Technology

Information Technology . Phones, Faxes, e-mail, etc. all have the following property: Network externalities: The more people using it the more benefit it is to each user.

104 views • 5 slides