PPT-Lecture 2: Competitive Equilibrium

Readings Leach Chapters 2 and 3 Competitive Equilibrium Q What kinds of social arrangements cause private self interests to become aligned with the public collective interest   A Adam Smiths central thesis in the Wealth of Nations . In an equilibrium situation there cannot be an electric field inside a conductor as this would cause charges electrons or ions to move around Charge density inside a conductor is zero This follows from Gausss law As the charge density This does no Allan . Fels. , Professor of Government, The Australia and New Zealand School of Government (ANZSOG). Overview. Horizontal agreements. Cooperation, collusion, and cartels. Per se prohibitions. Other anti-competitive agreements. Chapter 2. 2. six major roles and goals of IT. 1. Increase employee productivity by reducing time, errors and costs using. 2. Enhance decision making. 3. Improve team collaboration. 4. Create business partnerships and alliances. Allan . Fels. , Professor of Government, The Australia and New Zealand School of Government (ANZSOG). Overview. Horizontal agreements. Cooperation, collusion, and cartels. Per se prohibitions. Other anti-competitive agreements. Ottawa Carleton Soccer League . Thursday September 29. th. . Nepean Sportsplex . 29/09/2016. Problem. Unbalanced competitive structure . Competitive season is too long . Lack of room for graduating high level youth players to move in . BSAD 141. Dave Novak. BDIS: 1.2 (13-26). Lecture Outline. Business Strategy. Competitive Advantage. Goals versus Objectives. Porter’s 5 Forces Model. Value Chains. How do . information systems . fit in? . Chapter 3. “Give Me Real Data, I Want Solid Grounding.”. Copyright 2014 Pearson Education, Inc. for Prentice Hall. Competitive strategy: To provide absolute lowest, rock-bottom prices on everything we sell. Chapter 4- Foundations of Strategy. Danielle Bodette, Christian Tacker, D’Vonta Hinton, Joey King. Quick Review . A firm can earn superior profits either by locating in an attractive industry or by establishing a competitive advantage over its rivals. . The Haber process proceeds as follows:. . 2NH. 3 (g). + 92KJ ↔ N. 2 (g). + 3H. 2 (g) . . If the equilibrium concentrations are:. [NH. 3. ] = 3.1x10. -2. M. [N. 2. ] = 8.5x10. -1. M. [H. 2. . Scalars and vectors. . Types of forces. . Resultant of forces. . Equilibrium of particles. Scalar and Vectors. . Scalar - . a physical quantity that is completely described by a real number. Chapter 9 – Summary of main points. A competitive firm can earn positive or negative profit in the short run until entry or exit occurs. In the long run, competitive firms are condemned to earn only an average rate of return.. . When the rates of the forward and reverse reactions become equal, the concentrations of the reactants and the products remain constant. This is the stage of chemical equilibrium. This equilibrium is . The Meaning of K. . K > 1 . . the equilibrium position is far to the right . K < 1 . . the equilibrium position is far to the left . The value of . K. for a system can be calculated from a known set of equilibrium concentrations. . solution concepts, and . Refinements of NASH Equilibrium. Tuomas Sandholm. The heart of the problem. In a 1-agent setting, agent. ’. s expected utility maximizing strategy is well-defined. But in a multiagent system, the outcome may depend on...