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Consider a simple simultaneous-bid poker game. First, nature selects numbers x1 and x2 . Assume that these numbers are independently and uniformly distributed between 0 and 1. Player 1 observes x1 and player 2 observes x2 , but neither player observes the number given to the other player.
Simultaneously and independently, the players choose either to fold or to bid. If both players fold, then they both get the payoff -1. If only one player folds, then he obtains -1 while the other player gets 1. If both players elected to bid, then each player receives 2 if his number is at least as large as the other player's number; otherwise, he gets -2.
Compute the Bayesian Nash equilibrium of this game. (Hint: Look for a symmetric equilibrium in which a player bids if and only if his number is greater than some constant a. Your analysis will reveal the equilibrium value of α.)
Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean consumers of the ethics involved in buying clothing made from Bangladeshi factories .
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Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.
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Promotion strategies of the one's own developed website
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In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.
Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.
A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.
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