ECO 550 Week 7 Discussion Question – NEW

ECO 550 Week 7 Discussion Question – Strayer New

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Week 7 Discussion

“Predicting Price-Setting Strategies” Please respond to the following:
• Videos on Pricing Strategies





Value Proposition videos


Closing a sale http://www.youtube.com/watch?v=WdYGdpTTLEs
Oligopoly http://www.youtube.com/watch?v=bP3l0TQRFY4
Planned obsolescence http://www.youtube.com/watch?v=N2KLyYKJGk0

Game theory http://www.youtube.com/watch?v=3Y1WpytiHKE (FYI class- I studied for my Masters degree under Professor Oskar Morgenstern, who toghether with Von Nuemann of Princeton University, developed game Theory. Professor Morgenstern was a wonderful professor ;.) http://www.econlib.org/library/Enc/bios/Morgenstern.html , AND https://images.search.yahoo.com/search/images;_ylt=A0LEVySvGMlUOnwAiVBXNyoA;_ylu=X3oDMTBsa3ZzMnBvBHNlYwNzYwRjb2xvA2JmMQR2dGlkAw–?_adv_prop=image&fr=mcafee&va=oskar+Morgenstern who invented Game Theory, with John Von Neumann. https://www.youtube.com/watch?v=cYyQcWPywHo (Copy and paste to view Von Nuemann and Atom Bomb development as well)