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Ahat [919]
3 years ago
7

A player in a game theoretic model is: a. anyone working for a firm that is operating strategically b. a firm that is operating

as a perfect competitor c. a decision-making entity at a firm involved in a strategic game d. a monopolist who produces a unique product with no close substitutes e. a stockholder at a firm involved in a strategic game
Business
1 answer:
nadezda [96]3 years ago
3 0

Answer:  c. a decision-making entity at a firm involved in a strategic game

Explanation:

In a theoretical game, there are two players that have to embark on different strategies such that they make the maximum payoff. This maximum payoff strategy is known as the dominant strategy.

These two players are the decision making entities in the firms that are competing in the game because they are the ones that decide how the firm should react and what strategy to use. For instance, the owners of the two bakeries down the street are the players because they control what either bakery will do.

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Answer:

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Consequently, Frank and the Indian television provider having entered into a contract, are governed by international contract law unless they agree to abide by the laws of one of the US and India.

Moreover, <em>International sales contracts </em>are governed by the <em>United Nations Convention on Contracts for the International Sale of Goods (CISG) from 1980.</em>

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EastWind [94]

Answer:

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Preferred shareholders have prior claims to dividends ahead of ordinary shareholders,but after bondholders' interest payments have been settled.

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