Eco and Research Tube

06/07/2022

How to write Literature review:explained with example

Don't know how to write a literature review for your research or where to begin? This video will give you a quick run-through of the steps you need to follow...

03/07/2022

Literature Search Databases for all Subject areas.
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30/06/2022

Game Theory:
Word Problem/Case:
There are two firms, firm I and firm II, each examining the feasibility of a particular market. Each has to decide to produce and sell either chocolate or chewing gum. If both firms choose to produce and sell chocolate, the firms will incur losses amounting to 180 million and 200 million Birr, respectively. If firm I decide to produce and sell chocolate while firm II chooses to produce and sell chewing gum, their returns will be 120 million and 220 million Birr profits, respectively. However, if both of them decide to produce and sell chewing gum, they will incur losses of 160 million and 200 million Birr, respectively. And finally, if firm I produce and sells chewing gum while firm II produces and sells chocolate, their profits will be 160 million and 180 million Birr, respectively. Based on this information, answer the following questions.
A. Write the payoff of matrix for this game.
B. Does firm I have a dominant strategy? What about firm II?
C. What is the pure strategy Nash equilibrium of the game if the firms decide their strategy simultaneously? For solutions watch :

Word Problem/Case:There are two firms, firm I and firm II, each examining the feasibility of a particular market. Each has to decide to produce and sell eith...

28/06/2022

~Abstract ~ An abstract is one of the most important parts of your entire research paper.
It must give a concise summary of the content of your research paper, and it should seduce the reader into reading or purchasing your full paper. What abstract should include? Tips for writing abstract , with some example....for this and more issues please watch the following video, and subscribe the channel for more videos related with Economics and Research:

An abstract is one of the most important parts of your entire research paper. Please don't forget to like, share and subscribe to this channel. It must give ...