Managerial Econ

Economic Analysis of Business Practice

Monday, November 14, 2016

Game theory posts

  • Compute equilibria of simultaneous games 
  • Compute equilibria of sequential games
  • Play the repeated prisoner's dilemma
  • How hedge funds try to reduce airline rivalry



Posted by Luke Froeb at 8:26 PM
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Labels: 15. Strategic games

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Managerial Economics: A Problem Solving Approach, 5th ed.



We wrote a managerial economics textbook (Amazon, Barnes & Noble, Cengage) to teach students how to solve business problems (7 min. video). We started this blog to support those who use the book, and to keep up with developments in the field.

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Entries Related to Book Chapters

  • 01. Introduction: What this book is about (172)
  • 02: The One Lesson of Business (509)
  • 03. Benefits; costs and decisions (197)
  • 04: Extent (how much) Decisions (84)
  • 05. Investment decisions: Look ahead and reason back (197)
  • 06. Simple pricing (81)
  • 07: Economies of Scale and Scope (49)
  • 08: Understanding Market and Industry Changes (342)
  • 09. Long-run equilibrium (270)
  • 10. Strategy-the quest to slow profit erosion (201)
  • 11. Supply and demand: Trade bubbles market making (197)
  • 12. More realistic and complex pricing (93)
  • 13. Direct price discrimination (51)
  • 14. Indirect price discrimination (69)
  • 15. Strategic games (165)
  • 16. Bargaining (95)
  • 17. Making decisions with uncertainty (233)
  • 18. Auctions (51)
  • 19: The Problem of Adverse Selection (148)
  • 20 : The Problem of Moral Hazard (189)
  • 21: Getting employees to work in the firm’s best interests (190)
  • 22: Getting divisions to work in the firm’s best interests (38)
  • 23. Managing vertical relationships (125)
  • Book review (32)
  • Humor (28)
  • PollEverywhere (1)
  • teaching (22)

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