This class was created by Brainscape user Berit van Meegen. Visit their profile to learn more about the creator.
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Berit van Meegen
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Decks in this class (13)
Economic Primer: Basic Principles
Cost function,
Total cost function,
Average cost function ac q
55
cards
Chapter 1 - The power of principles: a historical perspective
Factors,
Agents,
Infrastructure
4
cards
Chapter 2 - The horizontal boundaries of the firm
Economies of scale,
Diseconomies of scale,
Economies of scope
34
cards
Chapter 3 - the vertical boundaries of the firm
Vertical chain,
Vertical boundaries,
Make or buy decision
52
cards
Chapter 4 - integration and its alternatives
Property rights theory prt,
Integration matters because it,
Residual rights of control
21
cards
Chapter 5 - competitors and competition
Competitors,
Ssnip,
Ssnip criterion
40
cards
Chapter 6 - entry and exit
Dynamics of competition,
Contestable market,
Entry as an investment
28
cards
Chapter 7 - Dynamics: Competing across time
Microdynamics,
Macrodynamics,
Strategic commitments
48
cards
Chapter 8 - Industry analysis
An industry analysis based on fra...,
Limitations of the five forces fr...,
Five forces
18
cards
Chapter 9 - strategic positioning for competitive advantage
Competitive advantage,
Consumer surplus,
Willingness to pay wtp
36
cards
Chapter 10 - Information and value creation
Vertical differentiation,
Horizontal differentiation,
Disclosure
40
cards
Chapter 11 - Sustaining competitive advantage
The theory of perfect competition...,
Regression to the mean,
Resource based theory of the firm
32
cards
Chapter 12 - Performance measurement and incentives
Principal agent relationship agen...,
Difficulties in agency relationsh...,
Objectives of principal and agent...
35
cards
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icas
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