Game Theory 5 Bertrand Duopoly, Crime Report and Auctions

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Created by easy college study Last updated Thu, 30-Jan-2020 Chinese
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Curriculum for this course
6 Lessons 01:06:00 Hours
Game Theory 5.1
1 Lessons 00:14:00 Hours
  • Game Theory 5.1 00:14:00
  • Game Theory 5.2 00:15:00
  • Game Theory 5.3 00:08:00
  • Game Theory 5.4 00:16:00
  • Game Theory 5.5 00:07:00
  • Game Theory 5.6 00:06:00
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Description

Game Theory 5

  • In this lecture, we are going to see applications of static game theoretical model in real world, to understand production decision making, moral dilemma, and auction process
  • Review: definition of games, strategies, NE and Cournot Duopoly
  • Bertrand Duopoly: continuous and discrete pricing
  • Reporting a crime: How can we understand the inefficiency in social moral dilemmas like this ?
  • Auctions
  • Complete information
  • Second-price sealed-bid auction
  • First-price sealed-bid auction
  • Spectrum Auctions: some facts

 

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