'Dominated strategy' presentation slideshows

Chapter 15 Introduction to Game Theory

Chapter 15 Introduction to Game Theory. Game theory is based on the following modelling assumptions:. There are a few producers (players) in the industry (game). Each player chooses an output or pricing strategy. Each strategy produces a result (payoff) for that player.

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LECTURE 6: MULTIAGENT INTERACTIONS

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Econ 2610: Principles of Microeconomics

Econ 2610: Principles of Microeconomics. Yogesh Uppal Email: yuppal@ysu.edu. Chapter 10. Games and Strategic Behavior. Strategies and Payoffs. Actions have payoffs that depend on The actions When they are taken The actions of others Some markets are characterized by interdependence

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Chapter 10: Games and Strategic Behavior

Chapter 10: Games and Strategic Behavior. Game theory attempts to mathematically capture behavior in strategic situations , in which an individual's success in making choices depends on the choices of others. (Wikipedia)

523 views • 12 slides