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Incorporating Fairness Into Game Theory And Economics

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... entire game theory concept. The best example in this sense refers to the pricing strategy. Let's take the simplest example, with only two companies much like a game player considers/weighs/and tries to predict the next move of his or her opponent. Although game theory called game theory. In game theory, companies must consider the likely "moves" or reasoning of those in the "other company" (or companies), one of the companies can no longer keep up with the price reductions and will leave the game. In game theory, this is http://vlsi.colorado.edu/~rbloem/david.html . 1) I am quite sure that large corporations use game theory when developing their marketing or price strategies and the ...



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Sources list for INCORPORATING FAIRNESS INTO GAME THEORY AND ECONOMICS:

Reynolds, D. (2002). The Good, the Bad and the Ugly of Incorporating `My Fair Lady' in the Workplace. SAM Advanced Management Journal, 67(3), 4+. Retrieved March 13, 2005, from Questia database, http://www.questia.com.
Frederick Taylor’s "Theory of Scientific Management"

Hathaway, Julie. In the name of fair game. Retrieved February 8 2006 from Biomedicine. http://www.biotech.ubc.ca/biomedicine/steroids.
Performance Enhancing Substances

Midwinter, Eric. Fair Game: Myth and Reality in Sport. London: George Allen & Unwin, 1986.
Aggression and Sports

Robert S. Leiken, "Fair Game: Al Qaeda's New Soldiers," The New Republic 26 April 2004 from [2]http://www.nixoncenter.org.
Islamic Militants

"Douglas McGregor's Theory X and Theory Y." Envision Software Incorporated. 2004 [3]http://www.envisionsoftwa re.com/articles/Theory_X.html "Douglas McGregor's Theory X and Theory Y." Envision Software Incorporated. 2004 [3]http://www.envisionsoftwa re.com/articles/Theory_X.html
Organizational Behavior

 


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