pricing

Some tennis clubs charge an up-front fee to join and a per-hour charge for court time. Others do not charge a membership fee but charge a higher per-hour fee for court time. Consider clubs in two different locations. One is located in a suburban area where the residents tend to be of similar age, income, and occupation. Whic ...continues

price discrimination/pricing policies

Consider three firms: a shoe store at the mall, an automobile dealership, and a house painting firm. a. Which firm would you expect to engage in the most price discrimination? Why? b. How has the Internet changed the pricing policies of these businesses?

Game theory/competition vs. coordination

Suppose Microsoft can produce a new sophisticated software product. However, it wants to do so only if Intel produces high-speed microprocessors. Otherwise, the software will not sell. Intel, in turn, wants to produce high-speed microprocessors only if there is popular software on the market that requires high-speed processin ...continues

Dominant strategy/Nash equilibrium

What is the relation between a dominant strategy and a Nash equilibrium?

read article and answer question..

I need the following question answered by reading this article I have no time to do it..Thanks...The article has to do with gloablization...Article is about 14 pages...I will provide the article.. what does Kapstein think have been the most stabilizing and de-stabilizing economic forces in the post World War II era have been?

Game theory - Build a cordination game for strategic initiatives. Use the Arrow technique to identify the Equilibria.

Using the example of coordination problems in the market for HDTV, show the game in strategic form using hypothetical payoffs of your choice. Use the arrow technique to identify the equilibria. See the attached file for full problem description

Equilibria

Some foolish teenagers play "chicken" of Friday nights. Two teenagers drive their cars at each other at high speeds. The first to swerve to the side is the "chicken" and loses. If both swerve out of the way, they are both chickens and both lose. Neither of the drivers wants to get into an accident. It causes a significant l ...continues

Game theory: Payoff matrix, strategy: Construct a payoff matrix for the players that captures the essence of the decision of Barbara and Juanita to cooperate or monopolize the offensive game. a. If the players play only once, what strategy do you expect the players to adopt? b. If the players expect to play in many games together, what strategy do you expect the players to adopt? Explain.

Two basketball players, Barbara and Juanita, are the best offensive players on the school's team. They know if they "cooperate" and work together offensively-feeding the ball to each other, providing screens for the other player, and the like- they can each score 12 points. If one player "monopolizes" the offensive game, whil ...continues

Decision management

Mark Wilson, chief of personnel, has been instructed to increase the hiring of women at the Morton Cement Company. Mark will be evaluated by the company president Josh Cohen on his success or failure in meeting this goal. Mark does not evaluate the performance of any of the division chiefs, and each chief must approve all new ...continues

Decision management

Define the terms decision management and decision control. a. Under what circumstances might it be optimal to make one individual responsible for both decision management and decision control? b. What do you expect the ownership of common stock to look like in such a firm? Explain.