6. Game theory analyzes the behavior of firms as if their behavior were a series of strategic...

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6. Game theory analyzes the behavior of firms as if their behavior were a series of strategic moves and countermoves. It helps us understand the problem of oligopoly, focusing us on the complex interactions among firms.

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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Question Posted: Nov 11, 2024 10:09 AM

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6. Game theory analyzes the behavior of firms as if their behavior were a series of strategic...

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Principles Of Microeconomics

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