Analyzing Tampa Tribune's Dominant Strategy

Decent Essays
1) Tampa Tribune's dominant strategy is no dominant strategy. If firm number one, that is Tampa Tribune goes low and it profits $120,000 there is no incentive for the firm to change its behavior if it has maximized profits regardless of raising the Sundays paper or lowing its cost. If we consider block "B" one could say that the firm might want to change its behavior, however, we must still accept the fact that Tampa still made a profit of $54,000 (Thomas & Maurice, 2010). Both firms are contributing enough information to the other despite they have no clue as to how the other may act out its strategy (Mishra, Mohanty, & Mohanty, 2015).

Reference:
Thomas, C. & Maurice, S., (2010) Managerial Economics, McGraw-Hill/Irwin, 10th edition, 2010.

Related Documents

  • Improved Essays

    Sands vs. Chicago Tribune After reading both articles "What 's Wrong with the DREAM Act" by Peggy Sands and the "Pass the DREAM Act" by the Chicago Tribune. Sands ' article was better and more persuasive. It argued more effectively and it pinpoints the flaws within the law; it has better organization, and provides ways to improve the Dream Act better than the Chicago Tribune article.…

    • 825 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    This market failure can be allocated to the compromise of efficiency for the gain of…

    • 715 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    1. Name of the case: Burnett v. National Enquirer • Citation: 144 Cal. App. 3d 99 • Year: 1983 • Court: California court of appeal • Judge: Opinion was by Roth, P. J. with assistance from Gates, J., concurring. As well as separate agreeing and dissenting opinion done by Beach, J. • Page/section of the book: 996 2.…

    • 1246 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Senior Voice newspaper is very instrumental in making one understand the general cost of long-term as it explains that first, individuals need to understand that Medicare is not a method of paying for long-term care, yet, only a health insurance which pays for some limited medical home health care as prescribed by a doctor. It further goes on to explain that Medicare does not pay for needs such as assisted living and pays only for a portion of skilled nursing care that follows a hospital stay of at least three days which maxes out at 100 days. It explains that some private pay can run from $3000 to $8000/month, for long-term care. (Carol, 2016) While cost for long-term care vary from state to state and geographical region, research notes that…

    • 233 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    2.2According Hearst Newspaper (2016) “Selective demand advertising involves the placement of advertising messages intended to persuade customers about the benefits of your specific brand. This is different from primary demand advertising, which involves messages promoting the benefits of a general product category. Companies typically pay for selective demand advertising outside of a few common situations.” Secondary demand is the same as selective demand and so Secondary demand is the one stimulated, in this advert, because its promoting its brand, Furthermore, mensioning the brand on the bottom right is also a way of promoting the brand. it is not a primary demand because the brand is already specified According to Advameg, Inc (2016) states…

    • 161 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Alfred P. Shewman and W.P. Morton launched The East Valley Tribune in 1891, Mesa, Arizona's first newspaper, under the name The Evening Weekly Free Press in Mesa, Arizona. As of 2015, the paper has changed hands 11 times and changed names 8 times, says Wikipedia. 1952 saw the incorporation of the Tribune Publishing Company. In 1977, Cox Enterprises purchased what was then The Mesa Daily Tribune, along with three other papers in the region, and launched a fourth. In 1996, Thompson newspapers bought all of the Cox newspapers, and in 1997, combined all four into one paper and renamed it The Tribune.…

    • 239 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    Government Programs should be managed differently, because some health plan are not equipped to follow the ACO model to decrease health care and provider quality care. I believe private health plans do not have adequate staff in the appropriate positions to perform care coordination successfully. On December 1, 2016, Star Tribune analysis announced Medica has plans to exit the Medicaid market, because they loss $150 million. Due to rising health care, prescription drug cost and DHS low payment rates. Medica failed to admit they have not implemented adequate efficiencies to assist with managing utilization cost.…

    • 95 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    While reading the USA Today I found a very interesting article that that grab my attention as we are approaching the holidays. The article written by Joyce M. Rosenberg shows how people are lowering the amount of spending as we approach the festivities since more and more people raise awareness of their expenses. People is not willing to pay high prices for Brand-name goods, they rather prefer to save in discounts and lower prices. Although, customers are now using basic psychology to question themselves about whether they are paying too much for an article or it have a good set price. This willingness to pay less is not a surprise since the monetary needs and people’s incomes raise awareness between customers to think twice before spending.…

    • 173 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    What is Apple? Apple is a multinational technology company. So far Apple has had a problem with the FBI. The FBI wanted Apple to create a new software that can hack into a person’s iPhone to examine their personal information, but Apple refused.…

    • 371 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Maquoketa Newspapers, Inc. is pleased to announce that there will be no change to the medical plan! You may notice that our “annual Out-of-Pocket Maximum” has increased from $1,625 to $2,000. However, since your deductible now counts toward your Out-of-Pocket Maximum, whereas it did not before, the amount you would pay to meet both your deductible and Out-of-Pocket Maximum (if needed) remains the…

    • 64 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    I took this picture on Wednesday, it was for Tort Loot. I like this building, it was fantastic history. Tribune Tower was built for Chicago Tribune. Tribune Tower is located at 435 North Michigan Avenue. It is home of the Chicago Tribune, Tribune Media and Tribune Publishing.…

    • 177 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Dominant strategies are considered better than other strategies, no matter what other players might do. In addition, the game theory includes two types of strategic dominance. The first, is a strictly dominant strategy always provides greater utility to a player, no matter what the other player’s strategy may be. Secondly, a weakly dominant strategy is that strategy that provides at least the same utility for all other player’s strategies, and strictly greater for some strategy. In college, I played college football for the University of Tennessee at Martin.…

    • 209 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Analysis Of XXL Magazine

    • 864 Words
    • 4 Pages

    Abstract XXL Magazine is among the most successful magazine publications in the modern age. With the life of print media deteriorating, XXL has somehow kept pace with the demands of a microwave society. They have been able to maintain relevancy even with the current dominance of social media. Those who publish XXL Magazine have displayed their ability conform to contemporary ideas, while maintaining their original authenticity.…

    • 864 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Business Level Strategy (Exxon Mobil) Definition :( Business Level Strategy) “Business- Level strategies are actions firms take to gain competitive advantages in a single market or industry”. (BLS, 102).ExxonMobil is one the few companies that has been able to lead the oil and gas industry through its cost leadership. Its large economies of scale makes it dominant firm in the market as well as cost leader in the industry.…

    • 768 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    First, Danaher’s strategy can be copied by other conglomerates or large private equity funds and buy-out firms. There is a risk of competitors acquiring attractive businesses in target industries and restructuring them efficiently before Danaher does. Second, the world’s largest leading companies have been shifting from diversification to focus, with the number of conglomerates decreasing throughout the 1990’s and the beginning of the 21st century . This trend indicates that, in general, focused companies generate more value than diversified ones and thus challenges Danaher ’s parenting advantage.…

    • 769 Words
    • 4 Pages
    Improved Essays