Strategies and evaluating strategic choices of firms and consumers

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.

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Year of publication:	2014-03
Authors:	Larsen, Huric ; Fredborg, Jesper
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	strategic interaction \| game theory \| evaluation of strategic choices \| incentives constraints

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C7 - Game Theory and Bargaining Theory ; L1 - Market Structure, Firm Strategy, and Market Performance ; L2 - Firm Objectives, Organization, and Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011112162