two or more players are called strategic complements if they mutually reinforce one another, and they are called strategic substitutes if they mutually...
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are strategic complements. When an increase in output by one firm lowers the marginal revenues of the other firms, production decisions are strategic substitutes...
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supermodular games. A supermodular game (also called a game of strategic complements) is a game in which the utility function of each player has increasing...
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rival, producing less. Whereas the prices in the Bertrand model are strategic complements; a firm aggressively counters an increase in price level by reducing...
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Circular relationships between cause and effect Stability criterion Strategic complements – Game theory concept System dynamics – Study of non-linear complex...
63 KB (7,072 words) - 04:16, 5 August 2024
payment – Standard of living – Stock exchange – Store of value – Strategic complements – Subgame perfect equilibrium – Subjective theory of value – Subsidy...
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According to Cohen and Levinthal a considerable in-house expertise which complements the technology activities of its partner is a necessary condition for...
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Equilibrium selection Non-cooperative game Self-fulfilling prophecy Strategic complements Social dilemma Supermodular Uniqueness or multiplicity of equilibrium...
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Complementors are businesses that directly sell a product (or products) or service (or services) that complement the product or service of another company...
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contracts and relational governance function as substitutes or complements?". Strategic Management Journal. 23 (8): 707–725. doi:10.1002/smj.249. ISSN 0143-2095...
117 KB (14,943 words) - 00:02, 24 August 2024