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Economics of strategy

This class was created by Brainscape user Kirsty Coombs. Visit their profile to learn more about the creator.

By: Kirsty Coombs
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Decks in this class (13)

Consumer choice under uncertainty Week 1
Uncertainty and risk,
What is meant by risk,
Assessing risk
23  cards
Decision making under risk and uncertainty (Week 1)
Theory prediction decision making...,
Risk averse risk loving and risk ...,
Utility function for risk averse
9  cards
Making risky choices: The economics of crime Week 1
Economics of crime overview,
Why do some people participate in...,
The decision to commit the risky ...
7  cards
Week 1 revision questions + answers
Although jack is very poor jack p...,
Your friend nia tells you that sh...,
Your friend diana tells you that ...
16  cards
Strategic choice and game theory week 2
Game,
Payoff definition,
Strategy definition
14  cards
Overview of mixed strategies and evolutionary games week 2
What are the five parameters that...,
Pure strategy definition,
Mixed strategy definition
8  cards
Prisoners' dilemma: the problem and prevalence Week 3
What is the dominant strategy equ...,
Cheating defecting confessing exp...,
Cooperating explained in prisoner...
19  cards
3rd party repetition trade week 3
Examples of third party intervent...,
What can third party intervention do,
Example of third party interventi...
23  cards
Sequential Moves Week 4
Strategic foresight definition,
Backward induction definition,
Backward induction in sequential ...
24  cards
Entry deterrence as a sequential game Week 4
What is classic entry deterrence,
What is an entrant,
What is a monopolist s role in cl...
23  cards
Adverse selection - week 5
Asymmetric information definition,
Asymmetric information problems,
What is moral hazard in the conte...
16  cards
Moral Hazards - Week 5
When do problems arise in moral h...,
What is a moral hazard,
A scenario in which moral hazard ...
15  cards
things i must learn (calculation examples)
Indefinite repetition in grim str...,
The law as a third party interven...,
Mock exam 141
14  cards

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Economics of strategy

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