What economists call game theory psychologists call the theory of social situations, which is an accurate description of what game theory is about. Although game theory is…
The Strategy Of Conflict, Thomas C. Schelling, Harvard University Cambridge, Massachusetts London, England PREFACE TO THE 1980 EDITION When I learned that Harvard University…
Slide 1Strategic competition and collusion Oligopolists need to ensure that they all restrict output – collusion is sustained AND (in the same way as monopolists) they…
Slide 1van Deemter, WORD, May 2010 Not Exactly Vagueness as Original Sin? Kees van Deemter University of Aberdeen Slide 2 van Deemter, WORD, May 2010 Plan of the talk 1.…
Slide 1Nagel: Unraveling in Guessing Games: An Experimental Study Economics 328 Spring 2005 Slide 2 What is Game Theory? Game theory is the study of strategic interaction…
1. Let’s Be HonestAbout RepublicanOptions On TheBudgetTHEY’RE LIMITED 2. Dominant Strategy 3. What’s A Dominant Strategy? Having a dominant strategy doesn’t mean…
From the SelectedWorks of Eric Bennett Rasmusen January 1997 Review Discussion: Game Theory and the Law by Douglas Baird, Robert Gertner, and Randall Picker Contact Author…
Ultimatum Game Two players bargain (anonymously) to divide a fixed amount between them. P1 (proposer) offers a division of the “pie” P2 (responder) decides whether to…
Lecture V: Game Theory Zhixin Liu Complex Systems Research Center, Academy of Mathematics and Systems Sciences, CAS In the last two lectures, we talked about Multi-Agent…