
Lecture 24 - Asymmetric Information: Auctions and the Winner's Curse
Jun 8, 2018 - 01:02:28
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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...
Lecture 7 - Nash Equilibrium: Shopping, Standing and Voting on a Line is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard. We first consider the alternative “Bertrand” model of imperfect competition between two fi...
This episode belongs to Yale Open Courses ECON 159: Game Theory.
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Published Jun 4, 2018, 01:11:21 long, audio available.