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The definitive introduction to game theory This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unlike other books on game theory, this one begins with the i...
This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with complete information, Bayesian games, and extensive form games with imperfect information. He covers a host of topics, including multistage and repeated games, bargaining theory, auctions, rent-seeking games, mechanism design, signaling games, reputation building, and information transmission games. Unli.
The first book on platforms that concisely incorporates path-breaking insights in economics over the last twenty years.
A Solutions Manual, containing solutions to all end-of chapter questions for MICROECONOMIC THEORY by Mas-Colell, Whinston and Green. It is supplied only to those who are adopting the text, and is free.
This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.
From two of the world’s leading experts on branding, brand benefits, and positioning, this strategic guide reveals how focusing on brand benefits can transform organizations and help them win in the marketplace. Today’s customers think less about products and more about brands, no matter whether those brands are organizational, nonprofit, individuals, or service oriented. Customers also care less about the features of your product—what it has—than about its benefits—what it does for them. While this sounds like common sense, shockingly few organizations actually conduct business this way. Drs. Allen Weiss and Debbie J. MacInnis, professors and branding, brand benefits, and position...
The book makes an effort in investigating the present and future developments in the global economy, after the 2008 global financial and economic crisis. The results of the global crisis were devastating and destructive all around the world. The USA economy took significant damage when the crisis went into Europe, and it turned out a foreign debt crisis influencing European economies, including Iceland, Ireland, Greece, Spain, Italy. Consequently, the economic crises gave impetus to social uprisings and protest, and this led to giving populist and nationalist politicians the advantage to take the control of government. President Trump's “First USA Policy,” then, European populist and ant...
How tech companies like Google, Airbnb, StubHub, and Facebook learn from experiments in our data-driven world—an excellent primer on experimental and behavioral economics Have you logged into Facebook recently? Searched for something on Google? Chosen a movie on Netflix? If so, you've probably been an unwitting participant in a variety of experiments—also known as randomized controlled trials—designed to test the impact of different online experiences. Once an esoteric tool for academic research, the randomized controlled trial has gone mainstream. No tech company worth its salt (or its share price) would dare make major changes to its platform without first running experiments to unde...
Discover the power of building solid bridges at work. In Meet Me on the Bridge, Kimberly Sauceda explores how to build a bridge between manager and employee to create a solid trusting relationship at work. Sauceda breaks it into three parts: How to Build, Strengthen, and Maintain (or Repair) the Bridge, providing nine bricks to do this. This book is full of stories and insights from Sauceda’s career as well as stories and insights of CEOs, founders, managers, and individual contributors across a variety of industries. In this book, you will: Learn how to foster trust, respect, and connection (for the foundation of the bridge) Discover three powerful words to change conversations to be more open and collaborative Understand how to create a culture of curiosity Meet Me on the Bridge is a guide for establishing successful working relationships in business. Whether the bridge is new or needs rebuilding, this book provides actionable ways to build solid relationships that create healthy, high-performing teams with happy managers and employees. When we start with the focus on creating solid relationships, that is the world of work in which we all thrive.
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.