lecture5Bertrand Model of Duopoly Contributing to a Public Good(博弈论)概要1.pptVIP

May 23, 2003 73-347 Game Theory--Lecture 5 May 23, 2003 Lecture 5 Static (or Simultaneous-Move) Games of Complete Information Bertrand Model of Duopoly Contributing to a Public Good 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 Today’s Agenda Review of previous classes Bertrand model of duopoly (differentiated products) (sec 1.2.B of Gibbons) Bertra