Friday, March 13, 2009
Week 4 -- Pure Bargaining
Bargaining is the only thing that affects the agreed upon price. In other words, competition has no role in the price you agree on.
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Using the basics of Economics to make (managerial) decisions
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This page is designed to supplement Melbourne Business School's Managerial Economics class and TA sessions for term 1, 2009. Navigate by topic on the right, comments encouraged. Feedback welcome.
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- Week 4 (8)
- Week 1 (5)
- Week 2 (5)
- Willingness To Pay (WTP) (4)
- Week 3 (3)
- Willingness to Sell (WTS) (3)
- BATNA (2)
- Bilateral Trade (2)
- decision tree (2)
- Added Value (1)
- HW questions / answers (1)
- Marginal Analysis (1)
- Pre-midterm (1)
- Week 5 (1)
- competitive advantage (1)
- competitive allocation (1)
- competitive distribution (1)
- complements (1)
- discounting (1)
- economic profit (1)
- fixed cost (1)
- introduction (1)
- law of one price (1)
- market clearing price (1)
- monopoly (1)
- multilateral negotiation (1)
- opportunity cost (1)
- pure bargaining (1)
- pure competition (1)
- substitutes (1)
- sunk cost (1)
- surplus (1)
- utility (1)
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