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In Sidewalk, the sociologist Mitch Duneier spent a great deal of time interviewing and hanging out with street vendors in New York City. He was especially interested in how power associated with race and class was produced and reproduced in this setting. What sort of sociology was Duneier doing?
Sequential Game
A type of game in game theory where players make decisions one after another, with later players having some knowledge of earlier actions.
Nash Equilibrium
A concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged.
Extensive Form
This term refers to a representation of a game that shows the sequence of moves, and the outcomes of those moves, emphasizing the temporal aspect of decision-making in the game.
Market Entry
The act of introducing new products or services into an existing market, often faced with barriers that must be overcome.
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