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Nash Equilibrium: Shopping, Standing and Voting on a Line By Benjamin Polak - Yale; Lecture number 7 of 24 from Game Theory
Nash Equilibrium: Shopping, Standing and Voting on a Line By Benjamin Polak; 7 of 24 from Game Theory
What is the difference in price. Is it output, is it production. If one aims to run business, and to master business at some point he would be running a monopoly. A true operator will know his business so well that his operations is a monopoly and he can control the ebb and flow of the cycles and trends.
When considers coke and pepsi, new castle, blue moon, blantos, jim beam, etc....all of them have the ability to be a monopoly. Price is as important as the brand you are buying and what its "known" to be.
I understand the logic of a candidate playing the middle. You win more votes. If nothing more you win more votes. To have a product in the marketplace puts you in the game. Practice doing a specific tasks each day. First and foremost, thought and intention on the path of your choice. The best option strategy of dominating where all parties wins.
What is the difference in price. Is it output, is it production. If one aims to run business, and to master business at some point he would be running a monopoly. A true operator will know his business so well that his operations is a monopoly and he can control the ebb and flow of the cycles and trends.
When considers coke and pepsi, new castle, blue moon, blantos, jim beam, etc....all of them have the ability to be a monopoly. Price is as important as the brand you are buying and what its "known" to be.
I understand the logic of a candidate playing the middle. You win more votes. If nothing more you win more votes. To have a product in the marketplace puts you in the game. Practice doing a specific tasks each day. First and foremost, thought and intention on the path of your choice. The best option strategy of dominating where all parties wins.
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