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2 years ago

When modeling economic situations using game theory, the economic participants are generally referred to as:?

Business

2 answers:

Natasha_Volkova [10]2 years ago

7 0

Answer:

Players

Explanation:

Game theory is a way of thinking in which social situations are seen as a game among competing players. The analysis focuses on strategy and optimal decision-making. In this type of thinking, economic participants are generally referred to as players. Game theory originated thanks to the work of John von Neumann, John Nash and Oskar Morgenstern.

zysi [14]2 years ago

4 0

In game theory, economic participants are referred to as "players". Game theory consists in the use of mathematical models in order to predict the behaviour of rational decision-makers in cooperative and competitive environments.

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Understanding how loans and investments operate is essential to laying a solid financial foundation for both you and your company. How interest is calculated is one of the key aspects of loans and investments. Your loans and investments may have simple interest or compound interest terms. You will discover what it implies, why it matters, and how to compute interest that is compounded semiannually interest in this post.

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6 months ago

Here are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for

Ludmilka [50]

Answer:

The topics like what is ethics?, emerging of ethical values and why they are important in making a better society than before.

Explanation:

The reason is that not all the employees are well educated and professionals but ethics can be learned easily because it depends upon the judgement and doing good for others and yourself.

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2 years ago

A disadvantage of the corporate form of business ownership is that:

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b) most shareholders have little direct control over how the company is managed.

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Answer:

Option (D) is correct.

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