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Author Question: The chain store paradox of an incumbent who accommodates a finite stream of potential entrants ... (Read 63 times)

KWilfred

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on: Jul 1, 2018
The chain store paradox of an incumbent who accommodates a finite stream of potential entrants threatening to enter sequentially numerous markets illustrates
 a. backwards induction
  b. the unraveling problem
  c. subgame perfect equilibrium
  d. best reply responses
  e. all of the above

Question 2

In the sequential labor negotiation game:
 a. The ability to commit to a strategy gives you an advantage
  b. The ability to commit to a strategy gives your opponent an advantage
  c. The ability to commit to a strategy is irrelevant
  d. Players should simply state their desire to commit to a strategy to obtain an advantage


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millet

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Reply #1 on: Jul 1, 2018
Answer to Question 1

e

Answer to Question 2

a


KWilfred

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Reply #2 on: Jul 1, 2018
Thank you :)


millet

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Reply #3 on: Jul 1, 2018
Happy to help you


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