Purchase Solution

Tit for Tat pricing

Not what you're looking for?

Ask Custom Question

If industries are engaging in a tit for tat strategy how would an observer/analyst "prove" it? Is there a model or mathematical formula (that's easy to follow?)

I am comparing tit for tat pricing strategy between Ford and GM

I have the success factors and Prisoner's Dilemma context setting.

I only need a model or math formula that "proves" tit for tat pricing. Is there such a thing?

Purchase this Solution
Solution Summary

Help to demonstrate Tit for Tat pricing is achieved.

Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

View More Free Quizzes
Related BrainMass Solutions

  • Tit for Tat pricing

    103174 Tit for Tat pricing What is an easy to understand explanation of tit for tat pricing? Definition: Tit-for-tat is a strategy in a repeated game (or a series of similar games).

  • Tit fot Tat pricing

    103423 Tit fot Tat pricing How can you determine if companies in an oligopoly are playing tit for tat pricing? Looking for illustration of Cournot Equilibrium and Reactive Curve.

  • Game theory and oligopoly

    Untied plays "tit for tat" when Air 'R' Us also plays "tit for tat." $80 Application of game theory to oligopolistic market

  • Tit for tat

    312197 Game Theory What is the meaning of tit-for-tat in game theory? (b) What conditions are usually required for tit-for-tat strategy to be the best strategy?

  • Game theory

    Prisoners dilemma 4. tit-for-tat strategy In repeated games, a strategy that involves attacking players that attack you and cooperating with players that cooperate with you is a 4. tit-for-tat strategy http://en.wikipedia.org/wiki/Prisoner's_dilemma

  • Advertising and game theory

    Untied plays "always charge the low price" when Air 'R' Us plays "tit for tat." iii. Untied plays "tit for tat" when Air 'R' Us plays "always charge the low price." iv. Untied plays "tit for tat" when Air 'R' Us also plays "tit for tat." 9.

  • Game theory in computer microprocessors

    It is entirely consistent with game theory involving oligopolies, where "tit for tat" is used. If the other company matches the price increase, the price stays high. If not, AMD can always lower its price to better compete with Intel.

  • Starbucks had a Total Assets Turnover (TAT) ratio of 1.2 in

    If the pricing strategy has remained constant, it will increase the TAT ratio, even if additional profit is not generated from the change in the pricing strategy.

  • Short Problems About Nash Equilibrium

    Consider 4 combinations of these strategies: Case1: You = tit-for-tat; Classmate = tit-for-tat This means both of the players will start by cooperating (both working hard) and will always cooperate in subsequent rounds because neither will defect (shirk

View More Related Solutions