Posts Tagged ‘games’
22. Repeated games: cheating, punishment, and outsourcing
Game Theory (ECON 159)
In business or personal relationships, promises and threats of good and bad behavior tomorrow may provide good incentives for good behavior today, but, to work, these promises and threats must be credible. In particular, they must come from equilibrium behavior tomorrow, and hence form part of a subgame perfect equilibrium today. We find that the grim strategy forms such an equilibrium provided that we are patient and the game has a high probability of continuing. We discuss what this means for the personal relationships of seniors in the class. Then we discuss less draconian punishments, and find there is a trade off between the severity of punishments and the required probability that relationships will endure. We apply this idea to a moral-hazard problem that arises with outsourcing, and find that the high wage premiums found in foreign sectors of emerging markets may be reduced as these relationships become more stable.
Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Fall 2007.
Duration : 1:15:47
How to Solve Sudoku Puzzles : Single Position Strategy in Sudoku
Learn the single position strategy for solving sudoku puzzles, with easy solving hints and help on how to get sudoku answers, in this free math game strategy video.
Expert: Stephen Kennedy
Bio: Stephen Kennedy holds a major in Business Economics from Brock University. He has been solving Sudoku puzzles & teaching others how to play for 3 years.
Filmmaker: Melissa Schenk
Duration : 0:1:44
How to Solve Sudoku Puzzles : Nishio Strategy in Sudoku
Learn the Nishio strategy for solving sudoku puzzles, with easy solving hints and help on how to get sudoku answers, in this free math game strategy video.
Expert: Stephen Kennedy
Bio: Stephen Kennedy holds a major in Business Economics from Brock University. He has been solving Sudoku puzzles & teaching others how to play for 3 years.
Filmmaker: Melissa Schenk
Duration : 0:1:13
How to Solve Sudoku Puzzles : Listing Possibilities Strategy in Sudoku
Learn the listing strategy for solving sudoku puzzles, with easy solving hints and help on how to get sudoku answers, in this free math game strategy video.
Expert: Stephen Kennedy
Bio: Stephen Kennedy holds a major in Business Economics from Brock University. He has been solving Sudoku puzzles & teaching others how to play for 3 years.
Filmmaker: Melissa Schenk
Duration : 0:1:48
Business Tycoon Online New online game review
just a new game i found online, check it out
http://bto.dovogame.com/index.html
please rate comment and subscribe
sub to get some cheats and hacks for the game
Duration : 0:3:33
Let’s Play ILLBLEED Part 12A – Killer Department Store
Sound business strategy.
Duration : 0:10:35
How to analyze a sequential game
This is a short excerpt from one of my lectures in a 21 lecture series on introductory game theory. The course, Introduction to Ga This is a short excerpt from one of my lectures in a 21 lecture series on introductory game theory. The course, Introduction to Game Theory for Business Science and Politics, is designed for anyone with first year university. No economics or math prerequisites – just an inquisitive, curious mind. The course is based on the text by Dixit and Skeath “Games of Strategy” , though i depart from it in several places.
All 21 lectures are available on uctv.canterbury.ac.nz in the Strategic Economics collections (can also be accessed through iTunes podcasts if you prefer – search on game theory in the description field for podcasts)
Duration : 0:8:47
Capcom plans to release two new downloadable episodes, a host of new costumes and a new ‘The Mercenaries Reunion’ mode – featuring eight new playable characters and weapon load outs – for Resident Evil 5 next year. For those Resident Evil fans who prefer a boxed copy, Resident Evil 5: Gold Edition will be available for $49.99 as a single Blu-ray disc for the PlayStation 3 or as a DVD with a token for the downloadable content for Xbox 360. www.residentevil.comHow to Solve Sudoku Puzzles : X-Wing Strategy in Sudoku
Learn the x-wing strategy for solving sudoku puzzles, with easy solving hints and help on how to get sudoku answers, in this free math game strategy video.
Expert: Stephen Kennedy
Bio: Stephen Kennedy holds a major in Business Economics from Brock University. He has been solving Sudoku puzzles & teaching others how to play for 3 years.
Filmmaker: Melissa Schenk
Duration : 0:2:6
How to Solve Sudoku Puzzles : Multi-Line Strategy in Sudoku
Learn the multi-line strategy for solving sudoku puzzles, with easy solving hints and help on how to get sudoku answers, in this free math game strategy video.
Expert: Stephen Kennedy
Bio: Stephen Kennedy holds a major in Business Economics from Brock University. He has been solving Sudoku puzzles & teaching others how to play for 3 years.
Filmmaker: Melissa Schenk
Duration : 0:1:29