In rock-paper-scissors, the ideal strategy is simple: You should play a random move each round, choosing all three ...

The equilibrium in a product market represents a state of balance where the forces of supply and demand align, resulting in a ...

Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists ...

The market price and equilibrium output are fundamental concepts in economics, representing the point where supply and demand ...

The term market equilibrium is used by economists to describe a situation where supply and demand are perfectly balanced—with prices reflecting all available information, there’s no pressure for the ...

Average savings from the ongoing new price discovery retail end of the Premium Motor Spirit (PMS), otherwise known as petrol, could exceed N113 billion monthly, providing a headroom for household’s ...

Citations: Besanko, David, Sachin Gupta, Dipak C. Jain. 1998. Logit Demand Estimation Under Competitive Pricing Behavior: An Equilibrium Framework. Management Science ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The Fed remains the focus at the present time, although with the earnings parade now officially underway, this ...

Opinions expressed by Entrepreneur contributors are their own. Far too often, startups treat pricing as an afterthought. Upon going to market, founders seldom blame pricing should their company fail ...

Citations: Dye, Ronald A., John Hughes. 2018. Equilibrium Voluntary Disclosures, Asset Pricing, and Information Transfers. Journal of Accounting and Economics. (1)1-24.