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ALTERNATIVE WAYS OF SHARING GOODS AND SERVICES
Only Sharing Permitted
CC BY-NC-ND
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This assignment is about exploring alternative ways of sharing goods and services and understanding the benefits, drawbacks, and implications of these methods. Students are asked to choose one of seven non-market distribution methods, such as majority rule, contests, force, first-come/first-served, sharing equally, lottery, and personal characteristics, and observe how it is implemented in real-life scenarios. They need to explain the distribution method, who benefits from it, who is excluded, and the advantages and disadvantages of using it. Students also have to find a real-life example of the chosen non-market distribution method, describe how it is used, and assess its fairness and efficiency. Lastly, they are required to include a citation and ensure their submission is no less than 180 words and comprises a list of cited works. The goal of the assignment is to better understand how goods and services are distributed and how these methods affect different groups of people.

Subject:
Cultural Geography
Economics
Finance
Marketing
Political Science
Psychology
Reading Informational Text
Material Type:
Homework/Assignment
Lesson
Module
Reading
Author:
Benjamin Troutman
Date Added:
03/13/2023
Game Theory for Strategic Advantage
Conditional Remix & Share Permitted
CC BY-NC-SA
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0.0 stars

This course develops and applies principles of game theory relevant to managers’ strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and “irrational” actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm.

Subject:
Applied Science
Arts and Humanities
Business and Communication
Computer Science
Information Science
Management
Mathematics
Philosophy
Social Science
Material Type:
Full Course
Provider:
MIT
Provider Set:
MIT OpenCourseWare
Author:
Bonatti, Alessandro
Date Added:
02/01/2015