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14.15J Networks (MIT) 14.15J Networks (MIT)

Description

Networks are ubiquitous in our modern society. The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example. It is, however, only one of many networks within which we are situated. Our social life is organized around networks of friends and colleagues. These networks determine our information, influence our opinions, and shape our political attitudes. They also link us, often through important but weak ties, to everybody else in the United States and in the world. Economic and financial markets also look much more like networks than anonymous marketplaces. Firms interact with the same suppliers and customers and use Web-like supply chains. Financial linkages, both among banks and between consumers, companies and banks, also form a Networks are ubiquitous in our modern society. The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example. It is, however, only one of many networks within which we are situated. Our social life is organized around networks of friends and colleagues. These networks determine our information, influence our opinions, and shape our political attitudes. They also link us, often through important but weak ties, to everybody else in the United States and in the world. Economic and financial markets also look much more like networks than anonymous marketplaces. Firms interact with the same suppliers and customers and use Web-like supply chains. Financial linkages, both among banks and between consumers, companies and banks, also form a

Subjects

networks | networks | crowds | crowds | markets | markets | highly connected world | highly connected world | social networks | social networks | economic networks | economic networks | power networks | power networks | communication networks | communication networks | game theory | game theory | graph theory | graph theory | branching processes | branching processes | random graph models | random graph models | rich get richer phenomena | rich get richer phenomena | power laws | power laws | small worlds | small worlds | Erd?s-Renyi graphs | Erd?s-Renyi graphs | degree distributions | degree distributions | phase transitions | phase transitions | connectedness | connectedness | and giant component | and giant component | link analysis | link analysis | web search | web search | navigation | navigation | decentralized search | decentralized search | preferential attachment | preferential attachment | epidemics | epidemics | diffusion through networks | diffusion through networks | SIR | SIR | (susceptible | (susceptible | infected | infected | removed) | removed) | SIS | SIS | susceptible) | susceptible) | strategies | strategies | payoffs | payoffs | normal forms | normal forms | Nash equilibrium | Nash equilibrium | traffic networks | traffic networks | negative externalities | negative externalities | Braess' paradox | Braess' paradox | potential games | potential games | myopic behavior | myopic behavior | fictitious play | fictitious play | repeated games | repeated games | prisoner's dilemma | prisoner's dilemma | cooperation | cooperation | perfect information | perfect information | imperfect information | imperfect information | positive externalities | positive externalities | strategic complements | strategic complements | path dependence | path dependence | diffusion of innovation | diffusion of innovation | contagion pheonomena | contagion pheonomena | Bayes's rule | Bayes's rule | Bayesian Nash equilibrium | Bayesian Nash equilibrium | first price auctions | first price auctions | second price auctions | second price auctions | social learning | social learning | Bayesian learning | Bayesian learning | copying | copying | herding | herding | herd behavior | herd behavior | informational cascades | informational cascades | decisions | decisions | social choice | social choice | Condorcet jury theorem | Condorcet jury theorem | political economy | political economy

License

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6.972 Game Theory and Mechanism Design (MIT) 6.972 Game Theory and Mechanism Design (MIT)

Description

This course is offered to graduates and is an introduction to fundamentals of game theory and mechanism design with motivations drawn from various applications including distributed control of wireline and wireless communication networks, incentive-compatible/dynamic resource allocation, and pricing. Emphasis is placed on the foundations of the theory, mathematical tools, as well as modeling and the equilibrium notions in different environments. Topics covered include: normal form games, learning in games, supermodular games, potential games, dynamic games, subgame perfect equilibrium, bargaining, repeated games, auctions, mechanism design, cooperative game theory, network and congestion games, and price of anarchy. This course is offered to graduates and is an introduction to fundamentals of game theory and mechanism design with motivations drawn from various applications including distributed control of wireline and wireless communication networks, incentive-compatible/dynamic resource allocation, and pricing. Emphasis is placed on the foundations of the theory, mathematical tools, as well as modeling and the equilibrium notions in different environments. Topics covered include: normal form games, learning in games, supermodular games, potential games, dynamic games, subgame perfect equilibrium, bargaining, repeated games, auctions, mechanism design, cooperative game theory, network and congestion games, and price of anarchy.

Subjects

game theory | game theory | mechanism design | mechanism design | mathematical tools | mathematical tools | normal form games | normal form games | existence and computation of equilibria | existence and computation of equilibria | supermodular games | supermodular games | potential games | potential games | subgame perfect equilibrium | subgame perfect equilibrium | dynamic games | dynamic games | bargaining | bargaining | repeated games | repeated games | games with incomplete/imperfect information | games with incomplete/imperfect information | auctions | auctions | cooperative game theory | cooperative game theory | network and congestion games | network and congestion games | pricing | pricing | price of anarchy | price of anarchy

License

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14.123 Microeconomic Theory III (MIT) 14.123 Microeconomic Theory III (MIT)

Description

This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games, repeated games, and correlation. This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games, repeated games, and correlation.

Subjects

microeconomics | microeconomics | microeconomic theory | microeconomic theory | preference | preference | utility representation | utility representation | expected utility | expected utility | positive interpretation | positive interpretation | normative interpretation | normative interpretation | risk | risk | stochastic dominance | stochastic dominance | insurance | insurance | finance | finance | supermodularity | supermodularity | comparative statics | comparative statics | decision theory | decision theory | game theory | game theory | rationalizability | rationalizability | iterated strict dominance | iterated strict dominance | iterated conditional dominance | iterated conditional dominance | bargaining | bargaining | equilibrium | equilibrium | sequential equilibrium | sequential equilibrium | trembling-hand perfection | trembling-hand perfection | signaling games | signaling games | auctions | auctions | global games | global games | repeated games | repeated games | correlation | correlation

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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ESD.260J Logistics Systems (MIT) ESD.260J Logistics Systems (MIT)

Description

This course is a survey of analytic tools, approaches, and techniques which are useful in the design and operation of logistics systems and integrated supply chains. The material is taught from a managerial perspective, with an emphasis on where and how specific tools can be used to improve the overall performance and reduce the total cost of a supply chain. There is a strong emphasis on the development and use of fundamental models to illustrate the underlying concepts involved in both intra- and inter-company logistics operations. The following topics are covered: demand forecasting tools, inventory control algorithms, transportation operations and management, vehicle routing, scheduling, fleet dispatching algorithms and approaches, optimization of transportation carrier operations, supp This course is a survey of analytic tools, approaches, and techniques which are useful in the design and operation of logistics systems and integrated supply chains. The material is taught from a managerial perspective, with an emphasis on where and how specific tools can be used to improve the overall performance and reduce the total cost of a supply chain. There is a strong emphasis on the development and use of fundamental models to illustrate the underlying concepts involved in both intra- and inter-company logistics operations. The following topics are covered: demand forecasting tools, inventory control algorithms, transportation operations and management, vehicle routing, scheduling, fleet dispatching algorithms and approaches, optimization of transportation carrier operations, supp

Subjects

Logistics systems | Logistics systems | Supply chain management | Supply chain management | Demand planning | Demand planning | Procurement | Procurement | Inventory | Inventory | Transportation planning | Transportation planning | Reverse logistics | Reverse logistics | Flexible contracting | Flexible contracting | Postponement | Postponement | Portfolio management | Portfolio management | Dual sourcing | Dual sourcing | demand forecasting tools | demand forecasting tools | inventory control algorithms | inventory control algorithms | transportation operations | transportation operations | vehicle routing | vehicle routing | scheduling | scheduling | fleet dispatching algorithms | fleet dispatching algorithms | optimization | optimization | transportation carrier operations | transportation carrier operations | supply chain network design | supply chain network design | procurement | procurement | sourcing | sourcing | auctions | auctions | supply contracts | supply contracts | collaboration | collaboration | supply chain uncertainty | supply chain uncertainty | ESD.260 | ESD.260 | 1.260 | 1.260 | 15.770 | 15.770

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.271 Industrial Organization I (MIT) 14.271 Industrial Organization I (MIT)

Description

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. It will start the process of preparing economics Ph.D. students to conduct thesis research in the area, and may also be of interest to doctoral students working in other areas of economics and related fields. The course integrates theoretical models and empirical studies.The course presumes that students have a familiarity with micro theory, basic game theory and some econometrics. The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. It will start the process of preparing economics Ph.D. students to conduct thesis research in the area, and may also be of interest to doctoral students working in other areas of economics and related fields. The course integrates theoretical models and empirical studies.The course presumes that students have a familiarity with micro theory, basic game theory and some econometrics.

Subjects

Economics | Economics | monopoly | monopoly | auctions | auctions | oligopoly | oligopoly | price discrimination | price discrimination

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.271 Industrial Organization I (MIT) 14.271 Industrial Organization I (MIT)

Description

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. The course integrates theoretical models and empirical studies. The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. The course integrates theoretical models and empirical studies.

Subjects

Industrial organization | theoretical models and empirical studies | Industrial organization | theoretical models and empirical studies | structure | behavior | and performance of firms and markets and core issues in antitrust | structure | behavior | and performance of firms and markets and core issues in antitrust | organization of the firm | monopoly | price discrimination | oligopoly | and auctions | organization of the firm | monopoly | price discrimination | oligopoly | and auctions

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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15.010 Economic Analysis for Business Decisions (MIT) 15.010 Economic Analysis for Business Decisions (MIT)

Description

15.010 is the Sloan School's core subject in microeconomics, with sections for non-Sloan students labeled 15.011. Our objective is to give you a working knowledge of the analytical tools that bear most directly on the economic decisions firms must regularly make. We will emphasize market structure and industrial performance, including the strategic interaction of firms. We will examine the behavior of individual markets -- and the producers and consumers that sell and buy in those markets -- in some detail, focusing on cost analysis, the determinants of market demand, pricing strategy, market power, and the implications of government regulatory policies. We will also examine the implications of economics on other business practices, such as incentive plans, auctions, and transfer pricing. 15.010 is the Sloan School's core subject in microeconomics, with sections for non-Sloan students labeled 15.011. Our objective is to give you a working knowledge of the analytical tools that bear most directly on the economic decisions firms must regularly make. We will emphasize market structure and industrial performance, including the strategic interaction of firms. We will examine the behavior of individual markets -- and the producers and consumers that sell and buy in those markets -- in some detail, focusing on cost analysis, the determinants of market demand, pricing strategy, market power, and the implications of government regulatory policies. We will also examine the implications of economics on other business practices, such as incentive plans, auctions, and transfer pricing.

Subjects

auctions | auctions | transfer pricing | transfer pricing | market structure | market structure | industrial performance | industrial performance | strategic interaction of firms | strategic interaction of firms | individual markets | individual markets | producers and consumers | producers and consumers | sell and buy | sell and buy | cost analysis | cost analysis | determinants of market demand | determinants of market demand | pricing strategy | pricing strategy | market power | market power | implications of government regulatory policies | implications of government regulatory policies | implications of economics | implications of economics | business practices | business practices | incentive plans | incentive plans

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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15.040 Game Theory for Managers (MIT) 15.040 Game Theory for Managers (MIT)

Description

This half-term course examines the choices that we make which affect others and the choices others make that affect us. Such situations are known as "games" and game-playing, while sounding whimsical, is serious business. Managers frequently play "games" both within the firm and outside it – with competitors, customers, regulators, and even capital markets! The goal of this course is to enhance a student's ability to think strategically in complex, interactive environments. Knowledge of game theory will give students an advantage in such strategic settings. The course is structured around three "themes for acquiring advantage in games": commitment / strategic moves, exploiting hidden information, and limited rationality. This half-term course examines the choices that we make which affect others and the choices others make that affect us. Such situations are known as "games" and game-playing, while sounding whimsical, is serious business. Managers frequently play "games" both within the firm and outside it – with competitors, customers, regulators, and even capital markets! The goal of this course is to enhance a student's ability to think strategically in complex, interactive environments. Knowledge of game theory will give students an advantage in such strategic settings. The course is structured around three "themes for acquiring advantage in games": commitment / strategic moves, exploiting hidden information, and limited rationality.

Subjects

game theory | game theory | strategy games | strategy games | strategic thinking | strategic thinking | business strategy | business strategy | strategic reasoning | strategic reasoning | rationality | rationality | dominant strategies | dominant strategies | first-mover advantage | first-mover advantage | conflict strategies | conflict strategies | strategic substitutes | strategic substitutes | strategic complements | strategic complements | dynamic pricing | dynamic pricing | entering new markets | entering new markets | new market entry | new market entry | brinksmanship | brinksmanship | negotiation | negotiation | negotiating | negotiating | auctions | auctions | auction theory | auction theory | revenue equivalence | revenue equivalence | bidding | bidding | information uncertainty | information uncertainty | risk manipulation | risk manipulation | adverse selection | adverse selection | moral hazard | moral hazard | strategic irrationality | strategic irrationality | prisoner's dilemma | prisoner's dilemma

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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15.020 Competition in Telecommunications (MIT) 15.020 Competition in Telecommunications (MIT)

Description

Competition in Telecommunications provides an introduction to the economics, business strategies, and technology of telecommunications markets. This includes markets for wireless communications, local and long-distance services, and customer equipment. The convergence of computers, cable TV and telecommunications and the competitive emergence of the Internet are covered in depth. A number of speakers from leading companies in the industry will give course lectures. Competition in Telecommunications provides an introduction to the economics, business strategies, and technology of telecommunications markets. This includes markets for wireless communications, local and long-distance services, and customer equipment. The convergence of computers, cable TV and telecommunications and the competitive emergence of the Internet are covered in depth. A number of speakers from leading companies in the industry will give course lectures.

Subjects

telephone | telephone | Internet | Internet | communications | communications | economics | economics | business strategy | business strategy | technologies | technologies | wireless | wireless | convergence | convergence | cable television | cable television | governmental regulations | governmental regulations | public policy | public policy | evolution of technology | evolution of technology | computer hardware and software | computer hardware and software | VoIP | VoIP | data and voice traffic | data and voice traffic | network integration | network integration | deregulation | deregulation | cell phones | cell phones | WiFi | WiFi | Internet commerce | Internet commerce | spectrum auctions | spectrum auctions | telecommunications markets | telecommunications markets | competition | competition | wireless communications | wireless communications | long-distance services | long-distance services | computers | computers | satellite TV | satellite TV | telecommunications industry | telecommunications industry | regulation | regulation | technology | technology | market structures | market structures | data traffic | data traffic | voice traffic | voice traffic

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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Auction of Carreg farm, Glandyfi

Description

Subjects

wales | farmers | cymru | auctions | farms | countrylife | llyfrgellgenedlaetholcymru | nationallibraryofwales | farmhouses | filmnegatives | chalices | glandyfi | periodicalillustrations | animalauctions | genrephotographs | charlesgeoff19092002 | negyddffilm | vision:mountain=0519 | vision:sky=0573 | vision:outdoor=0868

License

No known copyright restrictions

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Auction of Carreg farm, Glandyfi

Description

Subjects

wales | women | farmers | cymru | auctions | farms | countrylife | llyfrgellgenedlaetholcymru | nationallibraryofwales | farmhouses | sociallife | filmnegatives | animalauctions | charlesgeoff19092002 | negyddffilm

License

No known copyright restrictions

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15.025 Game Theory for Strategic Advantage (MIT) 15.025 Game Theory for Strategic Advantage (MIT)

Description

This course develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm. This course develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm.

Subjects

game theory | game theory | strategic advantage | strategic advantage | multi-person decision problem | multi-person decision problem | strategies and opponents | strategies and opponents | strategic commitment | strategic commitment | reputation | reputation | "irrational" actions | "irrational" actions | brinkmanship | brinkmanship | negotiation | negotiation | auctions | auctions | market design | market design | contests | contests | long-run relationships | long-run relationships | communication | communication | credibility | credibility | structures | structures | hidden information | hidden information | limits | limits | Preemptive Investment | Preemptive Investment | Audition Game | Audition Game | Location Game | Location Game | Penalty Shots | Penalty Shots | Splitting the Dollar | Splitting the Dollar

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.15J Networks (MIT)

Description

Networks are ubiquitous in our modern society. The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example. It is, however, only one of many networks within which we are situated. Our social life is organized around networks of friends and colleagues. These networks determine our information, influence our opinions, and shape our political attitudes. They also link us, often through important but weak ties, to everybody else in the United States and in the world. Economic and financial markets also look much more like networks than anonymous marketplaces. Firms interact with the same suppliers and customers and use Web-like supply chains. Financial linkages, both among banks and between consumers, companies and banks, also form a

Subjects

networks | crowds | markets | highly connected world | social networks | economic networks | power networks | communication networks | game theory | graph theory | branching processes | random graph models | rich get richer phenomena | power laws | small worlds | Erd?s-Renyi graphs | degree distributions | phase transitions | connectedness | and giant component | link analysis | web search | navigation | decentralized search | preferential attachment | epidemics | diffusion through networks | SIR | (susceptible | infected | removed) | SIS | susceptible) | strategies | payoffs | normal forms | Nash equilibrium | traffic networks | negative externalities | Braess' paradox | potential games | myopic behavior | fictitious play | repeated games | prisoner's dilemma | cooperation | perfect information | imperfect information | positive externalities | strategic complements | path dependence | diffusion of innovation | contagion pheonomena | Bayes's rule | Bayesian Nash equilibrium | first price auctions | second price auctions | social learning | Bayesian learning | copying | herding | herd behavior | informational cascades | decisions | social choice | Condorcet jury theorem | political economy

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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14.271 Industrial Organization I (MIT)

Description

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. The course integrates theoretical models and empirical studies.

Subjects

Industrial organization | theoretical models and empirical studies | structure | behavior | and performance of firms and markets and core issues in antitrust | organization of the firm | monopoly | price discrimination | oligopoly | and auctions

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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15.040 Game Theory for Managers (MIT)

Description

This half-term course examines the choices that we make which affect others and the choices others make that affect us. Such situations are known as "games" and game-playing, while sounding whimsical, is serious business. Managers frequently play "games" both within the firm and outside it – with competitors, customers, regulators, and even capital markets! The goal of this course is to enhance a student's ability to think strategically in complex, interactive environments. Knowledge of game theory will give students an advantage in such strategic settings. The course is structured around three "themes for acquiring advantage in games": commitment / strategic moves, exploiting hidden information, and limited rationality.

Subjects

game theory | strategy games | strategic thinking | business strategy | strategic reasoning | rationality | dominant strategies | first-mover advantage | conflict strategies | strategic substitutes | strategic complements | dynamic pricing | entering new markets | new market entry | brinksmanship | negotiation | negotiating | auctions | auction theory | revenue equivalence | bidding | information uncertainty | risk manipulation | adverse selection | moral hazard | strategic irrationality | prisoner's dilemma

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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15.020 Competition in Telecommunications (MIT)

Description

Competition in Telecommunications provides an introduction to the economics, business strategies, and technology of telecommunications markets. This includes markets for wireless communications, local and long-distance services, and customer equipment. The convergence of computers, cable TV and telecommunications and the competitive emergence of the Internet are covered in depth. A number of speakers from leading companies in the industry will give course lectures.

Subjects

telephone | Internet | communications | economics | business strategy | technologies | wireless | convergence | cable television | governmental regulations | public policy | evolution of technology | computer hardware and software | VoIP | data and voice traffic | network integration | deregulation | cell phones | WiFi | Internet commerce | spectrum auctions | telecommunications markets | competition | wireless communications | long-distance services | computers | satellite TV | telecommunications industry | regulation | technology | market structures | data traffic | voice traffic

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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14.271 Industrial Organization I (MIT)

Description

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. The course integrates theoretical models and empirical studies.

Subjects

Industrial organization | theoretical models and empirical studies | structure | behavior | and performance of firms and markets and core issues in antitrust | organization of the firm | monopoly | price discrimination | oligopoly | and auctions

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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15.010 Economic Analysis for Business Decisions (MIT)

Description

15.010 is the Sloan School's core subject in microeconomics, with sections for non-Sloan students labeled 15.011. Our objective is to give you a working knowledge of the analytical tools that bear most directly on the economic decisions firms must regularly make. We will emphasize market structure and industrial performance, including the strategic interaction of firms. We will examine the behavior of individual markets -- and the producers and consumers that sell and buy in those markets -- in some detail, focusing on cost analysis, the determinants of market demand, pricing strategy, market power, and the implications of government regulatory policies. We will also examine the implications of economics on other business practices, such as incentive plans, auctions, and transfer pricing.

Subjects

auctions | transfer pricing | market structure | industrial performance | strategic interaction of firms | individual markets | producers and consumers | sell and buy | cost analysis | determinants of market demand | pricing strategy | market power | implications of government regulatory policies | implications of economics | business practices | incentive plans

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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15.040 Game Theory for Managers (MIT)

Description

This half-term course examines the choices that we make which affect others and the choices others make that affect us. Such situations are known as "games" and game-playing, while sounding whimsical, is serious business. Managers frequently play "games" both within the firm and outside it – with competitors, customers, regulators, and even capital markets! The goal of this course is to enhance a student's ability to think strategically in complex, interactive environments. Knowledge of game theory will give students an advantage in such strategic settings. The course is structured around three "themes for acquiring advantage in games": commitment / strategic moves, exploiting hidden information, and limited rationality.

Subjects

game theory | strategy games | strategic thinking | business strategy | strategic reasoning | rationality | dominant strategies | first-mover advantage | conflict strategies | strategic substitutes | strategic complements | dynamic pricing | entering new markets | new market entry | brinksmanship | negotiation | negotiating | auctions | auction theory | revenue equivalence | bidding | information uncertainty | risk manipulation | adverse selection | moral hazard | strategic irrationality | prisoner's dilemma

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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Living with the Internet: online shopping

Description

Online shopping – think of it as a shopping centre in cyberspace, with online auctions as the car-boot sale in the car park. This unit will help you understand how to use online shopping sites, how to ensure that you are using the best sites and the best ways to protect your security.

Subjects

it and computing | bidding_online | internet | online_auctions | selling_online | shopping | Education | X000

License

Attribution-Noncommercial-Share Alike 2.0 UK: England & Wales Attribution-Noncommercial-Share Alike 2.0 UK: England & Wales http://creativecommons.org/licenses/by-nc-sa/2.0/uk/ http://creativecommons.org/licenses/by-nc-sa/2.0/uk/

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10th Annual Sale of mountain rams at Dolgellau

Description

Subjects

wales | sheep | farmers | cymru | agriculture | countrylife | llyfrgellgenedlaetholcymru | nationallibraryofwales | dolgellau | filmnegatives | periodicalillustrations | animalsinhumansituations | animalauctions | charlesgeoff19092002 | negyddffilm | vision:text=0699 | vision:outdoor=0639

License

No known copyright restrictions

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Another street auction

Description

Subjects

auctions | keenenewhampshire | bionwhitehouse | vision:text=0608 | vision:outdoor=0974 | vision:car=0528 | mainstreetkeenenh

License

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10th Annual Sale of mountain rams at Dolgellau

Description

Subjects

wales | sheep | farmers | cymru | agriculture | countrylife | llyfrgellgenedlaetholcymru | nationallibraryofwales | filmnegatives | animalsinhumansituations | animalauctions | charlesgeoff19092002 | negyddffilm

License

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Cattle Sale at Builth Wells

Description

Subjects

wales | cattle | farmers | farming | cymru | agriculture | countrylife | stockyards | llyfrgellgenedlaetholcymru | nationallibraryofwales | filmnegatives | animalauctions | charlesgeoff19092002 | negyddffilm

License

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Intermediate Microeconomics

Description

This course is designed to extend the student’s knowledge of the basic microeconomic principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena. Topics include supply and demand interaction, utility maximization, profit maximization, elasticity, perfect competition, monopoly power, imperfect competition, and game theory. This free course may be completed online at any time. See course site for detailed overview and learning outcomes. (Economics 201)

Subjects

microeconomics | trade | economics | externalities | producer | theory | investment | consumer | competition | auctions | costs | dynamics | equilibrium | Social studies | L000

License

Attribution 2.0 UK: England & Wales Attribution 2.0 UK: England & Wales http://creativecommons.org/licenses/by/2.0/uk/ http://creativecommons.org/licenses/by/2.0/uk/

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