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Y1 - Micro economics

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Summary

Week 3

Erasmus Universiteit · International Business Administration

Y1 - Micro economics

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Week 3
Chapter 11: Imperfect Competition
11.1 What Does Equilibrium Mean in an Oligopoly?
11.2 Oligopoly with Identical Goods: Collusion and Cartels
11.3 Oligopoly with Identical Goods: Bertrand Competition
11.4 Oligopoly with Identical Goods: Cournot Competition
Chapter 12: Game Theory
12.1 What is a Game?
12.2 Nash equilibrium in one-period games
12.4 Sequential games
12.5 Strategic moves, credibility and commitment
Chapter 16: Assymetric Information
16.1 The Lemons Problem and Adverse Selection.
16.2 Moral Hazard
16.3 Asymmetric Information in Principal-Agent Relationships
16.4 Signaling to solve asymmetric Information Problems.

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