strategy

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The boy who cried wolf

By mapping out the mechanics of a classic story using game theory, David Huang examines the idea of reputation, its importance and associated strategies.

Going, going, gone!

Through our life as an economics major in undergraduate school, for three years we are repeatedly bombarded with consumer and producer theory, game theory, and general equilibrium theory. It is not until we are very familiar with these different topics, do we then come across what is, in my opinion, one of the most interesting topics in microeconomics. Auction theory and mechanism design.

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