Managerial Economics - Review Session 4: Game Theory, Auctions
Автор: MBAtoGo
Загружено: 2022-11-13
Просмотров: 1537
Описание: This is the fourth review session for the MBA/EMBA course Managerial Economics at Columbia Business School. This video is a condensed version of what I used to cover in the fourth session. Game theory is probably the most relevant part of Economics these days and allows us to conceptualize a wide range of possible interactions between agents (e.g. firms) in the economy. This is my favorite topic to talk about, even though it might seem a little counterintuitive at first. I'm taking about static and repeated games in their simplest forms. To round things off, I'll cover a very specific case of game theory towards the end, namely auctions.
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