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Introduction into Game Theory (Business Context) - Softcover

 
9783668459885: Introduction into Game Theory (Business Context)

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Abstract from the year 2017 in the subject Business economics - Investment and Finance, language: English, abstract: From the popular series "Numb3rs" you may know the term "Game Theory," but do you actually know what this is and how it works? During a six-week session of microeconomics, several basic principles are introduced and applied in the business context. Game Theory deals with the optimal behavior of rational decision makers in a simplified surrounding. This text deals with the optimal behavior during a second price action and within oligopolistic competition. The basic ideas like the prisoner's dilemma are explained and underlined with real examples to simplify and illustrate the dry mathematics behind it. After reading this text, you will be able to solve certain problems in a simplified surrounding by your own and will perceive the world at least a little bit more rational.

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  • PublisherGrin Verlag
  • Publication date2017
  • ISBN 10 3668459886
  • ISBN 13 9783668459885
  • BindingPaperback
  • LanguageEnglish
  • Number of pages32

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G, Mike
Published by Grin Verlag, 2017
ISBN 10: 3668459886 ISBN 13: 9783668459885
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ISBN 10: 3668459886 ISBN 13: 9783668459885
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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - Abstract from the year 2017 in the subject Business economics - Investment and Finance, , language: English, abstract: From the popular series 'Numb3rs' you may know the term 'Game Theory', but do you actually know what this is and how it works During a six-week session of microeconomics, several basic principles are introduced and applied in the business context. Game Theory deals with the optimal behavior of rational decision makers in a simplified surrounding. This text deals with the optimal behavior during a second price action and within oligopolistic competition. The basic ideas like the prisoner's dilemma are explained and underlined with real examples to simplify and illustrate the dry mathematics behind it. After reading this text, you will be able to solve certain problems in a simplified surrounding by your own and will perceive the world at least a little bit more rational. Seller Inventory # 9783668459885

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Mike G.
Published by GRIN Verlag, 2017
ISBN 10: 3668459886 ISBN 13: 9783668459885
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Taschenbuch. Condition: Neu. Introduction into Game Theory (Business Context) | Mike G. | Taschenbuch | Paperback | 32 S. | Englisch | 2017 | GRIN Verlag | EAN 9783668459885 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu. Seller Inventory # 109441244

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