Game Theory video by Adam Galambos
In the second part of this two-part installment, Dr. Levkoff provides an intuitive approach (slightly more technical than the first part of the installment) to solving the infinitely repeated prisoner’s dilemma using a folk theorem. […]
In this (final) video in this course, we consider a simple oligopoly model based on the prisoners’ dilemma game.
This study investigates how headquarters involvement affects the efficiency of decentralized transfer price negotiations. Prior research assumes that decentralized managers negotiate transfer prices autonomously. However, evidence suggests that headquarters can become involved in transfer price […]
Waltons Stores (Interstate) Ltd v Maher was a watershed in the development of promissory estoppel in Australian law, recognising its reach to a representation of future intention from one party to another without the need […]
The common view, at least since Machiavelli, is that insincerity is the norm in high politics, where sophisticated diplomats engage with each other over issues of ultimate security. This view has become a key element […]