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Q4.Gametheory (10Marks) Definitionandmeaning; whydowestudygametheory? Moves-sequential,simultaneous; one-shot vsrepeated Payoffmatrices Discuss the various strategies used by players in gametheory,eg,dominant,secure,Nashequilibrium Examplesofsuchstrategies,egtrigger Prisoner'sdilemma;location gameetc
Q4.Gametheory (10Marks)
- Definitionandmeaning; whydowestudygametheory?
- Moves-sequential,simultaneous; one-shot vsrepeated
- Payoffmatrices
- Discuss the various strategies used by players in gametheory,eg,dominant,secure,Nashequilibrium
- Examplesofsuchstrategies,egtrigger
- Prisoner'sdilemma;location gameetc
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Macroeconomics Canada in the Global Environment
Authors: Michael Parkin, Robin Bade
8th edition
321778103, 978-0321808370, 321808371, 978-0321778109
