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Game Theory: A Nontechnical Introduction to the Analysis of Strategy
Roger A. McCain
No preview available - 2014
agents Anna assume assumption auction behavior benefits best response better Bluebird Centipede Game Chapter coalition structure commit concepts cooperative game cooperative solution coordination game core cost decision demand curve dominant strategy equilibrium economics effort dilemma election equilib example expected value payoff extensive form Firm Gacey’s game in extensive game in normal game theory grand coalition Grim Trigger Hawk Hirtuleius imbedded game intentionally left blank Laminium marginal mixed strategy Monopocorp Nash equilibrium node noncooperative game normal form outcome output payoff table Pius preference Prisoner’s Dilemma probability problem produce profits proper subgames proportion pure strategies rational rationalizable strategies reaction function repeated replicator dynamics result retaliate rium round of play rules Schelling focal point sell seller sequential games Shapley value shown in Table social dilemma subgame perfect equilibrium Suppose three-person tion Tit-for-Tat trigger strategies two-person game utility vote wins