Lecture 7 - Nash Equilibrium: Shopping, Standing and Voting on a Line

Yale Open Courses ECON 159: Game Theory by William Sheppard

Jun 4, 201801:11:21Education

We first consider the alternative “Bertrand” model of imperfect competition between two firms in which the firms set prices rather than setting quantities. Then we consider a richer model in which firms still set prices...

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