Economic Theory and Management Games II.

Zernik, Wolfgang

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Peer reviewed

ERIC Number: EJ372374

Record Type: Journal

Publication Date: 1988

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Economic Theory and Management Games II.

Zernik, Wolfgang

Simulation and Games, v19 n1 p59-81 Mar 1988

Description of management games continues a previous article's discussion of how mathematical modeling and microeconomic concepts can be used by players. Highlights include an initial condition simulating a profit-maximizing monopoly; simulating the transition from monopoly to oligopoly; and how mathematical properties of the model affect final outcomes. (29 reference) (LRW)

Descriptors: Management Games, Mathematical Concepts, Mathematical Models, Simulation

Publication Type: Journal Articles; Reports - Research

Education Level: N/A

Audience: Researchers

Language: English

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