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We investigate why a firm might purposefully hire a chief executive officer (CEO) who under- or over-estimates the degree of substitutability between competing products. This counterintuitive result arises in imperfect competition because CEO bias can affect rival behavior and the intensity of...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013172500
Monotone methods enable comparative static analysis without the restrictive assumptions of the implicit function theorem. Ease of use and flexibility in solving comparative static and game theory problems have made monotone methods popular in the economics literature and in graduate courses, but...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014217258
Chapter 1 Introduction -- Chapter 2 Demand, Technology, and the Theory of the Firm -- Chapter 3 Introductory Game Theory and Economic Information -- Chapter 4 Behavioral Economics -- Chapter 5 Perfect Competition and Market Imperfections -- Chapter 6 Monopoly and Monopolistic Competition --...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014016020
Persistent link: https://ebvufind01.dmz1.zbw.eu/10003965161
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