博弈论 lecture5.ppt

博弈论 博弈论 * 博弈论 * Static (or Simultaneous-Move) Games of Complete Information Bertrand Model of Duopoly Contributing to a Public Good * 博弈论 * Outline of Static Games of Complete Information Introduction to games Normal-form (or strategic-form) representation Iterated elimination of strictly dominated strategies Nash equilibrium Review of concave functions, optimization Applications of Nash equilibrium Mixed strategy equilibrium * 博弈论 * Today’s Agenda Review of previous classes Bertrand model of duopoly (differentiated products) (sec 1.2.B of Gibbons) Bertrand model of duopoly (homogeneous p