Explanation of game theory & the Nash Equilibrium Point along with dominant strategies. For the AP Microeconomics Study Guide email me at: mjindrick@Hotmail.com The economics...
Game Theory (ECON 159) We apply the notion of Nash Equilibrium, first, to some more coordination games; in particular, the Battle of the Sexes. Then...
Game Theory (ECON 159) We first consider the alternative "Bertrand" model of imperfect competition between two firms in which the firms set prices rather than...