06 nash equilibrium dating and cournot mov validating microsoft office license
I just want to recall some of the things we learned so I can highlight them a bit.One thing we learned was that communication can help in a coordination game.Finally we discuss two biases found in Americans: overconfidence and over-valuing being pro-active.
Then we analyze the classic Cournot model of imperfect competition between firms. Reading assignment: Strategies and Games: Theory And Practice.(Dutta): Chapters 6-7 Strategy: An Introduction to Game Theory. We then consider how good is this classic model as a description of the real political ...We continue the idea (from last time) of playing a best response to what we believe others will do.
"Lec 6 - Nash equilibrium: dating and Cournot" Game Theory (ECON 159) We apply the notion of Nash Equilibrium, first, to some more coordination games; in particular, the Battle of the Sexes.