Y1 - Micro economics

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Lectures

Week 3

Erasmus Universiteit · International Business Administration

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Session 7: Economics
Imperfect competition
Nash equilibrium
Bertrand-competition
Cournot competition
Stackelberg competition
Session 8: Economics
Asymmetric information
Adverse selection
Expected value
Moral hazard
Principal-agent problems
Signaling
Session 9: Economics
Game theory
Payoff matrix
Mixed strategies
Minimizing losses
Sequential games
Side payments
Commitment problems

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