Gloom a Computerized Oligopoly Game
Gloom a Computerized Oligopoly Game
The book Gloom a Computerized Oligopoly Game was written by author Here you can read free online of Gloom a Computerized Oligopoly Game book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Gloom a Computerized Oligopoly Game a good or bad book?
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In our eReader you can find the full English version of the book. Read Gloom a Computerized Oligopoly Game Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Gloom a Computerized Oligopoly Game
What reading level is Gloom a Computerized Oligopoly Game book?
To quickly assess the difficulty of the text, read a short excerpt:
Student companies in GLOOM deliberately conspire to beat the game, without sufficient regard for the penalty (a zero grade on the exercise). The real problem, however, has to do with bogus firm cards submitted by competitors. Tight security should be main- tained. The secretary keeping the firm cards should require positive identification of anyone attempting to replace any firm's card, because -10- students have deliberately replaced cards of other teams with ones con- taining destructive orde...rs (such as million dollar prices). Similarly, interim output should be given only to those who can prove that they are in fact members of the firm whose printout they request.
The oligopoly problem remains even if students know the demand struc- ture. While obviously nothing is gained by revealing it to them, they should not be discouraged from trying to estimate it.
Finally, about grades. Clearly the papers that are required at the end of the exercise should be important. But it is also clear that some weight should be given to the profits earned by each firm -- otherwise there is no incentive to maximize.
What to read after Gloom a Computerized Oligopoly Game?
You can find similar books in the "Read Also" column, or choose other free books by Richard L Richard Lee Schmalensee to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Student companies in GLOOM deliberately conspire to beat the game, without sufficient regard for the penalty (a zero grade on the exercise). The real problem, however, has to do with bogus firm cards submitted by competitors. Tight security should be main- tained. The secretary keeping the firm cards should require positive identification of anyone attempting to replace any firm's card, because -10- students have deliberately replaced cards of other teams with ones con- taining destructive orde...rs (such as million dollar prices). Similarly, interim output should be given only to those who can prove that they are in fact members of the firm whose printout they request.
The oligopoly problem remains even if students know the demand struc- ture. While obviously nothing is gained by revealing it to them, they should not be discouraged from trying to estimate it.
Finally, about grades. Clearly the papers that are required at the end of the exercise should be important. But it is also clear that some weight should be given to the profits earned by each firm -- otherwise there is no incentive to maximize.
What to read after Gloom a Computerized Oligopoly Game?
You can find similar books in the "Read Also" column, or choose other free books by Richard L Richard Lee Schmalensee to read onlineMoreLess
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