Skip to Main Content
Managerial Economics and Strategy, 2/e
book

Managerial Economics and Strategy, 2/e

by Jeffrey M. Perloff, James A. Brander
February 2016
Beginner to intermediate content levelBeginner to intermediate
500 pages
33h 40m
English
Pearson
Content preview from Managerial Economics and Strategy, 2/e

13.1 Repeated Games

In the previous chapter, we analyzed static games, in which firms compete only once. We now consider how firms change their strategies and how the game’s equilibrium changes if a static game is repeated. The static constituent game might be played just once, repeated a finite (and prespecified) number of times, or repeated indefinitely.1

Strategies and Actions in Dynamic Games

In both static and dynamic games, managers need to be able to describe and understand the game and predict the likely outcome so they can determine their best ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Managerial Economics

Managerial Economics

Donald N. Stengel
Managerial Economics

Managerial Economics

Vanita Agarwal
Principles of Managerial Finance, 15th Edition

Principles of Managerial Finance, 15th Edition

Scott B. Smart, Chad J. Zutter, Lawrence J. Gitman

Publisher Resources

ISBN: 9780134472553