Introduction to Game Theory Fall 2012 1 / 18 What is game theory? Robert J. Aumann‚ 1985: Brie y put‚ game and economic theory are concerned with the interactive behavior of Homo rationalis | rational man. . . [An] important function of game theory is the classi cation of interactive decision situations. Roger B. Myerson‚ 1991: Game theory can be de ned as the study of mathematical models of con ict and cooperation between intelligent rational decision-makers. Game theory provides general
Premium Game theory Nash equilibrium
The Boeing 7E7 Summary and Objectives (This case contains a spreadsheet) The objective of the case is to evaluate the development of 7E7‚ a new commercial aircraft. Boeing operates in two different business segments‚ a commercial-aircraft business segment and a defense system segment. Now the commercial-aircraft segment is facing stiff competition from Airbus and losing its advantage. Boeing executives wish to come up with a more flexible and fuel efficient jetliner to regain market share.
Premium Internal rate of return Net present value Cash flow
. Game Theory Intro Game Theory Course: Jackson‚ Leyton-Brown & Shoham Game Theory Course: Jackson‚ Leyton-Brown & Shoham Game Theory Intro . . TCP Backoff Game Game Theory Course: Jackson‚ Leyton-Brown & Shoham Game Theory Intro . . TCP Backoff Game Should you send your packets using correctly-implemented TCP (which has a “backoff” mechanism) or using a defective implementation (which doesn’t)? Game Theory Course: Jackson‚ Leyton-Brown & Shoham Game
Premium Game theory Chess
have a direct impact on the variables used in calculating WACC. Such variables include the term structure of interest rate‚ the risk free rate‚ the beta‚ the market risk premium‚ the firm’s marginal tax rate‚ and its capital structure. Since Boeing has two business componentsdefense and commercialfirst begin by determining the unlevered beta for its commercial component. This is accomplished by comparing Lockheed and Northrop’s average unlevered beta which was .48 . The next step is to derive
Premium Stock market Capital structure Financial ratios
The ethical dilemma that I have decided on for this assignment is a choice that I must do a couple times a week minimum. This choice always tear’s at me when having to decide which way I will lean. The decision or “dilemma” that I face is having to up-sale extra work or not too. I know this might not sound like an ethical dilemma‚ but for dealership technicians it is. I remain under pressure from upper management to obtain more up-sales on every vehicle that comes in for service. Now how is this
Premium Ethics Morality Philosophy
Week 6 Assignment: Airbus Duy Pham MGT 3303 Chris Zigrossi 10/11/2012 Airbus is a well-known commercial and military aircraft manufacturer throughout the world. Airbus prides itself on quality and safety. According to Airbus‚ “Airbus’ mission is to meet the needs of airlines and operators by producing the most modern and comprehensive aircraft family on the market‚ complemented by the highest standard of product
Premium Airbus Boeing EADS
The Boeing 747 is a widebody commercial airliner and cargo transport‚ often referred to by the nickname Jumbo Jet or ‘Queen of the Skies’. It is among the world’s most recognizable aircraft‚ and was the first widebody ever produced. Manufactured by Boeing’s Commercial Airplane unit in the United States‚ the original version of the 747 was two and a half times the size of the Boeing 707‚ one of the common large commercial aircraft of the 1960s. First flown commercially in 1970‚ the 747 held the passenger
Premium Boeing 747
The Boeing 767 is a mid-size‚ wide-body twin-engine jet airliner built by Boeing Commercial Airplanes. It was the manufacturer’s first wide-body twinjet and its first airliner with a two-crew glass cockpit. The aircraft has two turbofan engines‚ a conventional tail‚ and‚ for reduced aerodynamic drag‚ a supercritical wing design. Designed as a smaller wide-body airliner than preceding aircraft such as the 747‚ the 767 has a capacity of 181 to 375 persons and a design range of 3‚850 to 6‚385 nautical
Premium Boeing 787 Boeing 777 Boeing 747
Ethics Game Dilemmas As a manager‚ a person will face many ethical dilemmas. The right choice is determined by what the manager‚ or decision-maker feels is right. In the Ethics games‚ the manager was faced with two dilemmas. In the Mysterious Blogger‚ the manager of safety and efficiency was made aware of an employee that blogged about confidential company information. Another employee then took it upon himself to find out who the individual was. This employee then illegally obtained the
Premium
The Boeing 7E7 Team 14 Constantine Brocoum Courtney Delia Stephanie Doherty David Dubois Radu Oprea October 15th‚ 2009 Contents Objectives 1 Management Summary 1 Cost of Equity 1 Equity Market Risk Premium 1 Beta 2 Risk Free Rate 2 Capital Structure Weights 2 Boeing 7E7 Project Evaluation 4 Circumstances for an economically attractive project 4 Market Demand 4 Market Share 4 Sensitivity Analysis 4 Conclusion 7 Board approval for the project? 7 Appendices 7 Appendix
Premium Stock market Weighted average cost of capital