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Sky Bsb
Essay specific features
Written by:
Adam H
Date added:
April 10, 2016
Level:
University
Grade:
A
No of pages / words:
8 / 2157
Was viewed:
1632 times
Rating of current essay:
Essay content:
Where firms are the agents, this typically involves the assumption that states of the world involving higher money profits are preferred to states that involve lower ones, but this is not essential. (E.g., BSB could have been maximizing its reputation for toughness, for the sake of prestige. This would not render it `irrational', in that its behaviour could still have been modeled by the theorist, or by its competitors, in game-theoretic terms...
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(E.g., BSB could have been maximizing its reputation for toughness, for the sake of prestige. This would not render it `irrational', in that its behaviour could still have been modeled by the theorist, or by its competitors, in game-theoretic terms.)
8.2
However, suppose that BSB was internally divided, in that its manager (i...
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