Week # 7-8: Game Theory

Description of a Game Theory. The Payoff Matrix of a Game. Nash Equilibrium. The Prisoner’s Dilemma. Sub-game Perfect Equilibrium: Sequential Equilibrium

Application of Game Theory. Cournot Equilibrium. Bertrand Equilibrium. Quantity Leadership (Stackleberg Model) Price Leadership. Collusion (Cartel). Conjectural Variation. Stackleberg Case

Download Files

chapter-08-game-theory.docx (0.04 MB )

intermediate-microeconomics-a-modern-approach-7th-ed-h-r-varian-w-w-norton-company-2005-0393927024.pdf (14.72 MB )