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THEORY OF METAGAMES
This theory appears to describe how most people play non-zero sum games involving any number of persons.
Prisoner's dilemma is an example of this; the aim is to identify points at which players actually tend to stabilize their play in non-zero sum games.
This theory not only identifies equilibrium points missed by traditional game theory in games that have one or more such points but also does so in games in which traditional theory finds no such points.
Its main goal is that, each player is trying to maximize the minimum gain of his opponent.
Assumptions Underlying the CVP Analysis CVP analysis as discussed above is based on certain assumptions . if these assumptions are not recognized then serious error may result
Once the cash budget has been arranged and suitable net cash flows established the finance manager must ensure that there does not exists an important deviation in between actual a
Attributes of good information 1) Information is anything that is communicated and is sometimes said to be processed data. It is data processed in such a way as to be of meaning
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Disadvantages of incremental budgeting a) Incremental budgeting suppose activities and method of working will continue in the same way b) No incentive for developing their d
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what is master budget?
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I am part of a marketing group, and we are working on a project for a local cable company,they currently serve 3,200 customers and sell 50 wireless boxes a month,what I need to do
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