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Hi, I'm a graduate student major in math. Recently I've chosen game theory as my research topic. So I started to find a textbook for a beginner like me. What do you think about the classic one, theory of games and economic behavior by [View full text and thread]
In an infinitely repeated prisoners’ dilemma game in which players care only about monetary payoffs, can a NE making cooperation the only observed action happen?
Answer
Yes, if players observe the lower payoff from [View full text and thread]
Consider the following game played by two individuals called Row and Column. Row’s monetary payoffs are given by the first number in each cell, Column monetary payoffs are given by the second number in each cell.
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how to calculate the value of game if only payoff matrix is given? for example if the matrix is [(2,6),(-2,x)] what is the value of in the game? [View full text and thread]
I have spent about $1000 in parts since 1992 maintaining my own 1982 gas furnace. The life of such a furnace is about 24 +/- 3 years.
Furnace maintenance contracts are about $500/year and a new furnace would be about $3000.
Given [View full text and thread]
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Could somebody help me with my game theory homework? :-))
Consider the 2-person Rubinstein model (risk-neutral players dividing a pie) with an outside option. Suppose that there is an ”exogenous risk of breakdown” of renegotiation. [View full text and thread]
Hi
Previously we have written min cost models to meet a set demand at minimum cost with various constraints. We want to start looking at gaming outcomes, specifically cournot-nash.
I've looked at Cournot and understand the simple [View full text and thread]
IS THIS THE MOST DIFFICULT QUESTION IN GAME THEORY? Please read the below and help if you can. If this is an adaptation of another game please let me know. Thanks [View full text and thread]
I have done my game theory course. But I have found some questions which are a lot more difficult to find nash equilibrium because they include sets! I just want to know how to go about doing them.
For this particular [View full text and thread]
Good evening!
I'm currently wondering in how far cooperation games can be transformed into coordination games.
More precisely: To attain a better outcome, is it either possible
a) to make some changes WITHIN the game (e.g. [View full text and thread]
Good afternoon. I'm trying to solve some 2 person non-sequential games. 2x2 matrices. I have very minimal understanding of some of the concepts. I used ExMIP to solve the matrices. However, I don't understand what the outputs [View full text and thread]
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some of you do probably know rubinsteins 1979 paper "A non-cooperative equilibrium for supergames" http://dx.doi.org/10.1016%2F0022-0531(79)90002-4
on page 4 he defines a variable v using an equation the order of operations seems not [View full text and thread]
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