Not all economic forces respect industry boundaries Cartoons for all kids or All entertainment for some kids

Why study econometrics? Rare in economics(and many other areas without labs! ) to have experimental data Need to use nonexperimental. or observational data to make inferences eImportant to be able to apply economic theory to real world data Economics 20- Prof. Anderson

This paper contains the chapters on public enforcement of law and on criminal law from a general, forthcoming book, Foundations of Economic Analysis of Lany(Harvard University Press, 2003 ). By public law enforcement is meant the use of public law enforcement agents

Task Team of FUNDAMENTAL ACCOUntING hool of Business, Sun Y at-sen University Lesson notes Lesson 3: Analyzing and Recording Accounting transactions Learning objectives Provide the students with a background of the accounting process to better understand the numbers on the financial statements Define the economic transactions and

Task Team of FUNDAMENTAL ACCOUntING hool of Business, Sun Y at-sen University Lesson notes Lesson 2: Economic Transactions and Accounting Equation Learning objectives This lesson begins with a discussion of the purpose of a business, including a discussion of forms of organizations. Next, the nature of

Outline Enterprises Accounting Transactions, Accounting Events, and Accounting Circumstances Economic Activities and Accounting Elements Accounting Equation Task Team of

1. The ownership structure of a business includes the following forms: A. Individual, group, corporate. B. Sole proprietorship, partnership, or corporation D. Debtors, creditors, and ownesancia C. Service, manufacturing, and financial. 2. Which of the following is NOT true concerning a sole proprietorship? A. A sole proprietorship is a company

Introduction This lecture, as well as the next, exemplify applications of the framework and techniques developed so far to problems of economic interest. Neither lecture attempts to cover the example applications in any generality, of course; you may however find these topics of sufficient interest to warrant further study Auction theory is generally indicated as one of the \success stories\of game theory There is no doubt that the game-theoretic analysis of auctions has informed design decisions

Organizational Environment Organizational Environment: those forces outside its boundaries that can impact it. Forces can change over time and are made up of Opportunities and Threats. Opportunities: openings for managers to enhance revenues or open markets. New technologies, new markets and ideas. Threats: issues that can harm an organization. economic recessions, oil shortages

Introduction Beginning with this lecture, we focus our attention on dynamic games. The majority of games of economic interest feature some dynamic component, and most often payoff uncertainty as The analysis of extensive games is challenging in several ways. At the most basic level describing the possible sequences of events(choices) which define a particular game form is not problematic per se; yet, different formal definitions have been proposed, each with its Representing the players information as the play unfolds is nontrivial: to some extent