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Lecture 5 - Nash Equilibrium: Bad Fashion and Bank Runs artwork
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Lecture 5 - Nash Equilibrium: Bad Fashion and Bank Runs

Yale Open Courses ECON 159: Game Theory by William Sheppard

Jun 3, 201801:09:13Education

We first define formally the new concept from last time: Nash equilibrium. Then we discuss why we might be interested in Nash equilibrium and how we might find Nash equilibrium in various games. As an example, we play a...