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Game theory, in its most basic form, considers two players and analyses the different strategies that they can use and the effect that these strategies will have on each player. International trade allows countries to use better their resources (labor, technology or capital). Since countries...
Persistent link: https://www.econbiz.de/10010858413
Every business organisation involves some element of risk. Unmitigated risks can result in lost opportunity, financial losses, loss of reputation, or loss of the right to operate in a jurisdiction. Like any other risk type, understanding business risks is quite important for every business to...
Persistent link: https://www.econbiz.de/10010743237
Game theory, in its most basic form, considers two or more players and analyses the different strategies that they can use and the effect that these strategies will have on each player. International trade allows countries to use better their resources (labor, technology or capital). Since...
Persistent link: https://www.econbiz.de/10010625545
Every business organisation involves some elements of risk. Unmitigated risks can result in lost opportunity, financial losses, loss of reputation, or loss of the right to operate in a jurisdiction. Like any other risk type, understanding business risks is quite important for every business to...
Persistent link: https://www.econbiz.de/10010625574
The paper discusses the manner in which advanced and emerging countries are able to recover from the most acute phase of the 2008 International Financial Crisis. Due to sound fiscal and monetary policies, certain emerging economies (especially emerging Asia) are expected to account for almost...
Persistent link: https://www.econbiz.de/10010625585