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RSM455 Week 5

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48 pages
2021/2022 Written for academic year
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University Of Toronto (U Of T )
Course
RSM455
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Lecture notes of 48 pages for the course RSM455 at U of T (RSM455 Week 5 Notes)

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a new way to think




RSM455 Pricing
Week 5 Online Meeting
Prof. Zachary Zhong

,MobLab Grades
 Attendance (50%)
 Strategy (25%)
 Is your strategy best responding in your case
 Payoffs (25%)

,Last Week
 Price competition
 Nash equilibrium & Prisoner’s dilemma in pricing
 Finite future profit may not be able to help (Backward Induction)

 War of attrition

, How to (not) fight a price war
不战而屈人之兵，善之善者也。
- 孙子兵法


“The supreme art of war is to subdue the enemy without
fighting.”
― Sun Tzu, The Art of War

Document information

Study
Accounting And Finance
Uploaded on
December 8, 2022
Number of pages
48
Written in
2021/2022
Type
Class notes
Professor(s)
Zachary zhong
Contains
5
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