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games are systematically and structurally used explain economic theory specifically to understand firm's behaviour. • 1950, John Nash demonstrated the idea of an equilibrium situation in which all players in a game chose strategies or actions which are best for them, given the opponent's choice. Prof. Trupti Mishra, School. 1. Managerial Economics. Koç University. Graduate School of Business. MGEC 501. Levent Koçkesen. Game Theory. ❑ Game theory studies strategic interactions within a group of individuals. ❖ actions of each individual have an effect on the outcome that is of interest to all. ❖ individuals are aware of that fact. ❑ Individuals. Managerial Economics. Game Theory. Aalto University. School of Science. Department of Industrial Engineering and Management. January 10 – 26, 2017. Dr. Arto Kovanen, Ph.D. Visiting Lecturer. Managerial Economics. Game Theory. Aalto University. School of Science. Department of Industrial Engineering and Management. January 12 – 28, 2016. Dr. Arto Kovanen, Ph.D. Visiting Lecturer. Game Theory∗. Theodore L. Turocy. Texas A&M University. Bernhard von Stengel. London School of Economics. CDAM Research Report LSE-CDAM-2001-09. October 8, 2001. Contents. 1 What is game theory? 4. 2 Definitions of games. 6. 3 Dominance. 8. 4 Nash equilibrium. 12. 5 Mixed strategies. 17. 6 Extensive. Decision making using game theory: An introduction for managers / Anthony Kelly. Terminology. 3. Classifying games. 6. A brief history of game theory. 8. Layout. 14. 2. Games of skill. 17. Linear programming, optimisation and basic calculus. 18... less than useful as an application to fields like economics and politics,. of the author's book, Managerial Economics and Organizational Architecture. GAME THEORY. Game theory is concerned with the general analysis of strategic interaction. It focuses on optimal decision-making when all decision agents are as- sumed to be rational,. often useful for analyzing managerial decision making. Introduction. What is Economics 1. Opportunity Cost 3. Macroeconomics Versus Microeconomics 3. What is Managerial Economics 4. Theories and Models 5.. Firm Behavior and Risk Aversion 632. Game Theory and Uncertainty 648. Game Trees 651. Decision Making Under Uncertainty with Complete Ignorance 656. (with discrete-time dynamics), games and evolution, equilibrium selection, and global games. Aviad Heifetz is Professor of Economics at the Open University of Israel, where he served as chair of the Economics and Management Department from 2006–2009. He was previously Visiting Professor of Managerial. Economics. Managerial Economics, Allen, Ch 12 Test bank - Download as PDF File (.pdf), Text File (.txt) or read online. OF GAME THEORY. Franklin Allen and Stephen Morris*. Finance is concerned with how the savings of investors are allocated through financial markets and. Traditional neoclassical economics did not attach much importance to either... (1991) and others have stressed, they often assume sub-optimal managerial. University of London International Programmes in Economics, Management, Finance and the Social Sciences. Materials for these programmes are. Professor Diane Reyniers, Professor of Managerial Economics and Strategy, Department of. Management, London School of Economics and.. Chapter 3: Game theory . Game Theory, Competitive Strategy, Game Theory Basics, Nash Equilibrium, Infinitely Repeated Games, Finitely Repeated Games, Competitive Strategy, Equilibrium Outcome, Payoff Matrix, Repeated Game are the important key points of lecture slides of Managerial Economics., Slides for Economics. SV351, Managerial Economics / K. Christ. 3.4: Game Theory as a Tool for Analyzing Strategic Interaction. To prepare for this lecture, read Hirschey, chapter 14, 549 -- 561. Game theory is the study of how interdependent decision makers make choices. What game theory offers the manager is a “lens" through which he/she. What is managerial economics? 1. Where do profits come from? 2. COMPETITION BETWEEN APPLE AND SAMSUNG - CASE STUDY / Dr. Markus Thomas Münter. 6. Deriving optimum competitive behavior using game theory. 3. Application to the Apple vs. Samsung case. 4. Key learnings & discussion. 5. developed countries used a management science model such as the game theory.. theory of games has been developed to analyse business strategy... Introductory. Management Science. 3rd Edition. New Jersey: Pretence Hall, Englewood Cliffs. Gough J, Hill S 1979. Fundamentals of Managerial. Economics. London:. The Nash equilibrium is one of the foundational concepts in game theory. The reality of the Nash equilibrium of a game can be tested using experimental economics methods. Stated simply, Alice and Bob are in Nash equilibrium if Alice is making the best decision she can, taking into account Bob's decision while Bob's. Game theory has become the standard language of industrial organization: the industrial organization theory literature is now presented almost exclusively in. *Bagwell: Columbia University (Economics Department and Graduate School of Business) and NBER; Wolinsky:... managerial incentive schemes). The sharp. 1. Introduction. 2. The Nature of Industry. 3. Market Forces: Demand and Supply. 4. Quantitative Demand Analysis. 5. Market Structure. 6. Game Theory. Economics. – The science of making decisions in the presence of scare resources. • Managerial Economics. – The study of how to direct scarce resources in the way that. decisions involve interdependent outcomes, use of game theoretical modelling would be accepted to apply to business strategy. To understand game theory we should know the core idea behind it. Most people think economics is about accounting, money and banking, public policy and the markets. In economic model the. 4 min - Uploaded by The Economics Detectivehttp://economicsdetective.com/ Game theory is the study of human behaviour in strategic. Understand management as 'they are' not as theory hitherto. 'assumed them' to be. • Management can be ranked (by type) and are faced with trade-offs => something must come 'top of the menu'. • Firms are conduits of information flows (vertical chain). • Reducing price does not necessarily lead to an increase in revenues. "Department of Managerial Economics and Decision Sciences, J. L. Kellogg Graduate School of. Management and Department. subjective theories about the future evolution of the economy. He defined a conjectural. game chooses a strategy to maximize his expected payoff given his subjective beliefs about opponents'. We were asked to design a course that would include topics from economic theory. Our response was a course that put together material from decision theory and game theory in a novel way. This book is the culmination of that effort. The book evolved from the need to offer a course in decision the- ory that would include the. Theory of Consumer Behavior. 2. Theory of the Firm. 3. Theory of Market Structure and. Pricing. Optimal Solutions to Managerial. Decision Problems. Optimization Economic Concepts Decision. Sciences. Tools and Techniques of Analysis. 1. Numerical Analysis. 2. Statistical Analysis. 3. Forecasting. 4. Game Theory. and calculus. If there is a unifying theme that runs through most of managerial economics, it is the attempt to optimize business decisions given the firm's objectives and given constraints imposed by scarcity, for example through the use of operations research, mathematical programming, game theory for strategic decisions,. Appropriate classes include: principles, intermediate microeconomics, game theory, experimental economics, and topics classes where the dilemma arises, for example, environmental economics, public economics, law and economics, managerial economics, and industrial organization. PROCEDURES. Playing cards are. Allen, W. Bruce, et al , Managerial Economics; Theory,. McGuigan, James, Charles Moyer, and Fredrick Harris, Managerial.. Rosenthal, R. 1981, “Games of Perfect Information; Predatory. Pricing and the Chain Store Paradox", Journal of Economic. Theory, 25, 92-100. • Selton, R. , 1978, “The Chain Store Paradox",. Microeconomics (Game theory and competitive strategy, Ch 13). GAMING AND STRATEGIC DECISIONS. 13.1. ○ game Situation in which players. (participants) make strategic decisions that take into account each other's actions and responses. ○ payoff Value associated with a possible outcome. Ebook title : Essentials Of Game Theory A Concise Multidisciplinary Introduction Synthesis Lectures. On Artificial Intelligence And Machine Learning exclusively available in PDF, DOC and ePub format. You can. nervous system,baye managerial economics 8th edition text,caps physical science study guide,70. 272 lab.
R-904/1 -NSF. December 1971. —. Game Theory in Economics. Chapter 1: Introduction. The use of Models. L. S. Shapley and M. Shubik. A Report prepared under a Grant from. NATIONAL SCIENCE FOUNDATION. SANTA MONICA CA. "406. A Network Economic Game Theory Model of a Service-Oriented Internet with Price and Quality Competition in Both Content and Network Provision. Cited by · PDF. Abstract. One key challenge in the current Internet is the inefficiency of the mechanisms by which technology is deployed and the business. This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of. Game Theory. Solutions & Answers to Exercise Set 1. Giuseppe De Feo. May 10, 2011. 1 Equilibrium concepts. Exercise 1 (Training and payment system, By Kim Swales). Two players: The employee (Raquel) and the employer (Vera). Raquel has to choose whether to pursue training that costs £1,000 to herself or not. Game theory High Impact List of Articles PPts Journals 10002.. for understanding behaviour in monopolistic competition. Related journals of Game theory. Journal of Stock & Forex Trading, International Journal of Game Theory, International Game Theory Review, Journal of Game Theory, Games and Economic Behavior. Managerial Economics. Conventional theory of the firm & a taste of reality · Lecture 02: Blinder's empirical research into the actual behavior of firms · Supplement to Lecture 02: An explanation of my research on why the neoclassical theory of the firm is illogical · Lecture 03: Alternative theories of price including Galbraith,. Managerial Economics as the first year MBA core course aims to expose the students to a rigorous foundation in microeconomics, game theory and industrial organization. Its main objective is to develop students' capacity to analyze the economic environments in which business entities operate and understand how. Professor (1976-1979) of Managerial Economics and Decision Sciences. Universität Bielefeld: Z.i.F. Visiting. "Refinements of the Nash Equilibrium Concept," International Journal of Game Theory 7. (1978), 73-80. 6... http://www.strategicstudiesinstitute.army.mil/pdffiles/pub823.pdf. 82. "Perspectives on. Evolution and Learning in Games, Behavioral and Experimental Game Theory. Current Position. Game Theory Society World Congress (GTS): Marseille 2004, Evanston 2008. • IHS Economics. WU Vienna: Microeconomic Theory, Applied Microeconomics, Economic Modeling, Managerial. Economics. Competitive Markets and Economic Profit. ○ Perfect Competition. ○ Monopoly. ○ Strategic Thinking and Game Theory. ○ Oligopoly. ○ Externalities. ○ Asymmetric Information. ○ Incentives and Organisation. ○ Regulation. Textbooks: Ivan Png (2016): Managerial Economics 5th Ed Routledge. ISBN-13: 9781138810266-. AN APPLICATION OF GAME THEORY: COST ALLOCATION. BY JEAN LEMAIRE. UmversitO L~bre de Bruxelles. SUMMARY. The allocation of operating costs among the lines of an insurance company is one 'of the toughest problems of accounting; it is first shown that most of the methods used by the accountants fail to. The Managerial Economics course uses the principles of economics to address issues of importance in the business world today.. the application of Game Theory in business decisions, and. ➢ the determinants of monetary policy. Research Network papers. Other articles will be provided through cuLearn in .pdf format. Managerial Economics: Applications, Strategies and Tactics Textbook Whether online or in class, "College Writing Skills with Readings" offers.. has worked to bring Dr. It was the first textbook to blend tools from intermediate microeconomics, game theory, and industrial organization for a managerial economics text. Managerial Economics is not just one theory,…but rather a collection of several theories…that are applied into managerial settings.…In this video, we will learn about game theory.…Game theory describes the moves and countermoves…between two parties who try to optimize their own results.…This can. Managerial Economics: Theory, Applications, and Cases 7th Edition [pdf]managerial economics, 7th edition - The main feature that distinguishes Managerial Economics, Seventh Edition, is its Perhaps the most significant advance is the use of game theory to . learning materials: applications, mini-cases, reference materials,. met, it seems unlikely that game theory would have been developed." If. tions in the social sciences are equally impressive. Two of the reviewers,. H. A. Simon and J.R.N. Stone, were awarded Nobel Memorial Prizes in. Economics. The first review to appear.. by titles such as “Managerial theory of the firm." Given such. As such, managerial economics focuses on decisions individuals make.. In 1950, he published his PHD dissertation on game theory where he described the Nash Equilibrium.. In this course about managerial economics, I try to help you to learn to make better decisions by applying economic theories. C ManagerialEconomics. D Marketing Management-Strategy and. Economic Structure. F Public Administration. I Applied Information Processing. P Economic.. 4.2 Definition of the Alternatives. 58. 4.3 General Principles for Investigating an n-alternative Bargain- ing Game. 63. 4.4 Method for Finding the Solution Using the. of the current literature, the paper illustrates that the strength of game theory in strategic management lies in its ability... tax shelter partners (Wolfson 1985), and tournament effects in managerial compensation. (Lambert, Lareker and Weigelts 1990).. Economics and Management Strategy, Vol. 5, pp. 5-24. Bresnahan, T.F.. ISSN 1392-8619 print/ISSN 1822-3613 online http://www.tede.vgtu.lt. TechNologIcal aNd ecoNomIc developmeNT oF ecoNomY. Baltic Journal on Sustainability. 2010. 16(2): 348–363 doi: 10.3846/tede.2010.22. GAME THEORY APPLICATIONS IN CONSTRUCTION. ENGINEERING AND MANAGEMENT.
Classes. Introduction: The Fundamentals of Managerial Economics. Session 1a (Sep 14): [Topics] [Slides (PDF) (PowerPoint)]. Market Forces: Demand and Supply. Session 1b (Sep 14): [Topics] [Slides. Strategic Interactions and Game Theory. Session 7 (Oct 26): [Topics] [Slides (PDF) (PowerPoint)]. Pricing with Market. ¤Department of Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern Uni- versity, and School of. in a two-stage sequential game that prescribes Player 1 to be the first to play an action and Player. 2 to be the second. If Player... We view these theories as possible. TEACHING EXPERIENCE. Graduate Courses Taught: Microeconomic Theory, Matching Theory, Game Theory, Contract Theory, Industrial Organization, Theory of Finance (Executive MA), Managerial Economics (MBA Core Course). Undergraduate Courses Taught: Game Theory, Microeconomic Theory (introductory,. G. Game Theory. Introduction. It frequently happens that you are faced with having to make a decision or choose a best strategy from several possible choices. For instance, you might need to... 1 See Location in Space: Theoretical Perspectives in Economic Geography, 3rd Edition, by Peter Dicken and Peter. E. Lloyd. Econometrics Lecture Notes on GAME THEORY Brian Weatherson 2011. Below are. Lecture Notes in Microeconomic Theory The microeconomics course for PhD or Master's degree economics stu-dents. FALL 2006 c. Managerial economics is the science of directing scarce resources to manage cost effectively. Lecture. Png's Managerial Managerial Economics Unit 7: Game Theory Attempts to study decision making in situations where there is a case... Study Example Case Assignments For each module you will need to complete case study questions from your text Managerial Economics and Organizational Architecture. pdf), Text File (. Managerial Economics: Unit 7 - Game Theory 37 Managerial Economics - Case Studies - Free download as Word Doc (. managerial economics case study slideshare How.. How does eBay Introduction To Managerial Economics - Free Study Notes, article posted by Gaurav Akrani on Kalyan City Life blog. pdf), Text File (. Game Theory is an operations research technique that deals with competitive situations where two or more participants pursue conflicting objectives. The theory attempts to provide optimal strategies for the participants. In games, the participants are competitors. Thus, the success of one is usually at the expense of the other. Osborne, Martin J. and Ariel Rubinstein. A Course in Game Theory. Cambridge, MA: MIT Press, 1994. Oster, Clinton V. and John S. Strong. Predatory Practices in the U.S. Airline Industry (January 15, 2001), http://ntl.bts.gov/lib/17000/17600/17602/PB2001102478.pdf. Penrose, Edith T. The Theory of the Growth of the Firm. Critical Issues in Theory and Practice John R. Boatright. Doris, J. 2002. Lack of character.. Working Paper 34, University of Zurich. http://www.iew.unizh.ch/wp/iewwp034.pdf. Fehr, E., S.Gächter, and G. Kirchsteiger. 1996.. Managerial economics: A game theoretic perspective. London: Routledge. Freeman, R. E. 1994. Advanced Macroeconomic Theory · History of Economic Thought · Intermediate Macroeconomics · Macroeconomics for Management · Monetary Theory and Policy · Money and Banking · Political Economy · U.S. Economic History · Microeconomics · Advanced Microeconomic Theory · Agricultural Economics · Antitrust and. Managerial Economics: Unit 7 - Game Theory 37 No SlideShare. net. managerial economics eco 556 bm221 4c “demand for ve microwave oven" table of. MANAGERIAL ECONOMICSBy Snigdha Singh 1; 2. pdf - 89f112b4255a3eb8250a7e82d5d59f7f case study on managerial economics with solution 1 Answer to I have. A Managerial Economics Primer Anthony J. Evans. At the time of writing the most recent edition of the book is Froeb, L.M., McCann, B.T., Ward, M.R. and Shor, M. (2013) Managerial Economics, Thomson South Western (3rd edition). Elster, J. (1982) Marxism, Functionalism and Game Theory, Theory and Society, 11, 453. Readings. The Lost Years of a Nobel laureate, NYT, Nov 13, 1994. Between Genius and Madness, Nyt, June 14, 1998. Review of A Beautiful Mind, NYT, June 11, 1998. Chapter 1 of A Beautiful Mind. Varian, Hal R., Intermediate Microeconomics: A Modern Approach. The chapter on game theory. bNIPE and School of Economics and Management, University of Minho. cINESC-ID and Instituto. risks to investors, they also have embedded options that provide managerial flexibilities and may.. game theory, where we extend Stackelberg model in order to value managerial flexibilities and identify the. 2000+ courses from schools like Stanford and Yale - no application required. Build career skills in data science, computer science, business, and more. His teaching centers in the areas of microeconomics, decision making, and game theory. Currently, he is working on the fourth edition of his textbook in managerial economics. Margaret Slade is a professor of economics at the University of British. Columbia in Vancouver, Canada and a member of GREQAM in Marseille,. Clayton M. Raynor lay out the elements of the theory. 1975. . 20 Dec 2017 Full-text (PDF) | A disruptive innovation (i. org/files/public/CPCU_Sharing_Economy. Course: International Business Economics OUTLINE. Erik Bass, CFA. The Innovator's Solution, where Christensen and. Christensen in The Innovator's Dilemma. BRICKLEY, J.; SMITH, C.; ZIMMERMANN, J. (2001): Managerial Economics and Organizational Architecture, 2. Aufl.. EICHBERGER, J. (1993): Game Theory for Economists, San Diego u. a. ENCYCLOPEDIA OF THE NEW ECONOMY, in: http://xchina.linuxnet.cn/projects/post.php? inputentry="coopetition" (Abfragedatum:. International Economics: Theory and Policy, Global Edition audiobook download * International Economics: Theory and Policy, Global Edition read online * International Economics: Theory and Policy, Global Edition epub * International Economics: Theory and Policy, Global Edition pdf full ebook * International Economics:. [PDF] Download Catching Fire (Hunger Games) By - Suzanne Collins *Read Online* · [PDF] Download CCNA Cyber. [PDF] Download Game Theory: An Introduction By - Steven Tadelis *Full Books*... Download [PDF] Managerial Economics: Theory, Applications, and Cases By - W Bruce Allen *Full Books* · Download. Brandt Methods Lectures: Financial Econometrics. Econometrics Lecture Notes on GAME THEORY Brian Weatherson 2011. Treatment Effects (PDF). Managerial economics is the science of directing scarce resources to manage cost effectively. Ehrbar. org). Drive, Salt Lake City UT 84112-9300, U. Hans G. 998-0876. Best Free Books Basic Fundamentals of Modern Tattoo (PDF, ePub, Mobi) by C. R. Jordan Read Online Full Free. You Will download digital word/pdf files for Complete Solution Manual for Managerial Economics, · Managerial EconomicsEconomic AnalysisBook OutletOutlet StoreFacesManualAmazonDigital WordTexts. Michael R. Baye, Managerial Economics and Business Strategy. Economics. The science of making decisions in the presence of scare resources. Managerial Economics. The study of how to direct scarce resources in the way that most efficiently achieves a.... Pricing to Prevent Entry: An Application of Game Theory. theory, measurement, and policy. ECON 3020. Managerial Economics. 3:3:0. Fall, Spring. * Prerequisite(s): Matriculation into the. Woodbury School of Business and University. Advanced Standing. Extends the discussion of economic theory of markets, demand and supply, elasticity, and marginal analysis process to make. BIOGRAPHY. Timothy Van Zandt is a Professor of Economics (since 1999) and holds the Sauvage Family Endowed Chair. managerial economics (Prices and Markets) and advanced game theory courses in the MBA programme. In the process of teaching. He has. PDF generated 21st February 2018 12:08:47 UTC. Advanced Seminar in Managerial Economics: Strategic Interaction. related to one of the four topics above and applying the tools of game theory and experimental economics. You will present your research proposal in class and ultimately submit it as a. Submit seminar thesis as PDF to si_seminar.kurschilgen@tum.de. Managerial Economics A Game Theoretic Approach Pdf managerial economics - unit 7: game theory - jku - managerial economics unit 7: game theory rudolf winter-ebmer johannes kepleruniversitylinz winter term 2013 managerial economics: unit 7 - game theory 1 / 51managerial economics - unit 7: game theory - econ.jku. of Economics II and ECON 6219 Managerial Economics, or ECON 2101 Intermediate Microeconomic Theory.. ECON 3191. Game Theory. 3 Credits. Introduction to game theory, covering concepts such as Nash equilibrium, evolutionary games, backward induction and subgame perfection, Bayesian–Nash games of. ERBS940202.pdf. 12 pages. ps9-auctions-501b-13-143; Sharif University of Technology; game theory; COMPUTER 200 - Fall 2013; Dirk Bergemann Department of Economics Yale University Microeconomic Theory (501b) Problem Set 9. Auctions Suggested Solutions by: Tibor Heumann 4/8/14 This problem set is due on. Study Managerial Economics Theory Applications And Cases Pdf managerial economics. theory of managerial economics ismanagerial economics - unit 7: game theory - managerial economics unit 7: game. strategy and game theory strategic managerial.competition between apple and samsung in the smartphone . costs and the second managerial growth preferences in a Cournot duopoly game. Both models support. profile, a firm can calculate its profit-maximizing production adjustment cost or managerial growth objective strategy.. To our knowledge, game theory, being the hard core of the economic tradition in modern industrial. under uncertainty, the foundations of decision and game theory, the methodology of economics, and the evolution of social conventions. R.Sugden@uea.ac.uk. Professor Catherine Waddams Price has a Chair in Economic Regulation in Norwich Business School at UEA. Her research interests centre on the distributional. this view would be Demsetz's theory of property rights, which is also very similar to the theory of property rights that is.. “economic rules of the game"–in particular, the degree of property rights enforce- ment, the set of contracts that can be.... Investment in Ghana," http://www.econ.yale.edu/~cru2/pdf/goldsteinudry.pdf. 63. Applied Microeconomic Theory, Game Theory, International Trade, Industrial Organization,. Scholarship. Chulkov, D., and D. Nizovtsev (2015), “Problem-based Learning in Managerial Economics with an. http://www.alliedacademies.biz/Public/Proceedings/InternetProceedings/Internet_Proceedings_Vol_16_1_2014.pdf. Game Theory With Economic Applications 2nd Edition Pdf behavioral game theory and contemporary economic theory - behavioral game theory and contemporary economic theory 3 tent of the. pressmanagerial economics - unit 7: game theory - managerial economics unit 7: game theory rudolf winter-ebmer johannes. Ph.D. in Managerial Economics and Strategy, Northwestern University (Kellogg School of. Management), 2004. Diplôme d'Études Approfondies, Economic Analysis and Policy, Ecole des Hautes Études en Sciences Sociales (DELTA),.. Microeconomics 3 (Game Theory and Economics of Information), Master 2 PhD Track. Professor of Economic Theory, Center for Mathematical Economics (IMW), Fakultät für. Wirtschaftswissenschaften. Donald P Jacobs Scholar for Managerial Economics and Decision Sciences, J. L. Kellogg School of. Game Theory, Decision Theory, Economic Theory, Information and Communication, Welfare. Economics. Download In Dialogue with Reggio Emilia: Listening, Researching and Learning: Contextualising, Interpreting and Evaluating Early Childhood Education (Contesting Early Childhood) PDF Full Ebook By - Carlina Rinaldi. Download Interactive Science, Grade 1 PDF Free By - · Download Intermediate Microeconomics: A. Managerial Economics. Module No.:. This course is devoted to the study of the economic analysis of the firm and the use of economic information as a framework for business. market structures and asymmetric information as well as the fundamentals of game theory, which supports students to understand with the.
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