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Material Detail

Big Players in a Small Market; Pure and Mixed-Strategy Nash Equilibria in Stylized Market Participation Decisions

Big Players in a Small Market; Pure and Mixed-Strategy Nash Equilibria in Stylized Market Participation Decisions

In the context of an oligopolistic entry game, students will translate a word problem into game theoretic notation and will then examine how changes to the payoff structure changes the Nash equilibria in a game. They will also solve for and discuss the Nash equilibrium in mixed strategies.

Disciplines:
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More about this material

Material Type:
Assignment
Date Added to MERLOT:
January 3, 2023
Date Modified in MERLOT:
March 9, 2023
Author:
 
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College Lower Division, College Upper Division
Technical Format:
Website
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International

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