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Questions related to the application of game theory to situations in which actions are taken sequentially.
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Economics of Education is the branch of microeconomics that studies production, consumption, externalities of education, as its market peculiarities and non-market effects.
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In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availabi…
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In signaling games, an informed sender moves first. Their action may "signal" information about the sender's type to an uniformed receiver who then acts based on an updated belief.
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The relationship between cause and effect.
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Situations in which different consumers pay different prices (or, more precisely, different price-cost margins).
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Prediction of the future events. It is a special case of prediction, in the context of time series.
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Natural resource economics deals with the supply, demand, and allocation of natural resources.
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Capitalism refers to the economic system wherein decisions about production, investment, and exchange are made chiefly by private individuals or corporations, especially as contrasted with collective,…
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