Nash equilibrium dating and cournot
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Wish support this content provider next to Donating Now. We apply the notion of Nash Equilibrium, initial, to some more coordination games; in particular, the Battle of the Sexes.
Then we analyze the classic Cournot model of imperfect competition between firms. We consider the difficulties in colluding in such settings, and we discuss the welfare consequences of the Cournot equilibrium as compared to monopoly and perfect battle.
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- Lecture 6 - Nash equilibrium: dating and Cournot
We apply the notion of Nash Equilibrium, first, to some more coordination games; in particular, the Battle of the Sexes. Then we analyze the classic Cournot model of imperfect competition between firms.
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- We apply the notion of Nash Equilibrium, first, to some more coordination games; in particular, the Battle of the Sexes.
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