Game Theory Economics | Oligopoly Models ii | Dominant Strategy | Nash Equilibrium | Microeconomics
Автор: Learning Economics
Загружено: 2020-12-21
Просмотров: 989
Описание:
This is first lecture on basic game theory in economics. Game theory deals with strategic interactions, that is the situation in which one player's decision effect others outcomes too. This situation often arises in case of Duopoly and Oligopoly market structure. This lecture covers the basic structure of game theory, dominant strategies and Nash equilibrium. This is the part of series on basic microeconomics or principles of microeconomics.
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#Gametheoryineconomics
#Dominantstrategy
#Nashequilibrium
#Microeconomics
This is the part of lectures on basic microeconomics
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