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Results tagged with game-theory
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user 31409
Game theory is a study of situations of strategic interaction between two or more players in which there is a predefined set of rules and an outcome associated with each choice taken.
4
votes
1
answer
436
views
The core and competitive equilibrium
Can someone please explain why the concept of a core is equivalent to a competitive equilibrium?
I am just writing a term paper for my matching theory class and I'm having a hard time following along …
2
votes
1
answer
1k
views
Set of rationalizable strategies for this 4 x 4 matrix
I would like to find the set of rationalizable strategies for this 4x4 game:
The first thing I did was try and find all PSNE. I found two, the ones I bolded.
Thus, my answer to this question is that …
0
votes
1
answer
46
views
Question regarding preferences in Gale and Shapley (1962)
Is it correct to say that preferences in the classic Gale and Shapley College Admissions problem are quasi-linear?
Or is this something thats introduced later in the literature, vis a vis Shapley and …
0
votes
2
answers
334
views
Set of "rationalizable actions"
What does it mean if a question asks me to find the set of "rationalizable actions" for a given game?
0
votes
1
answer
1k
views
Mixed Strategy Nash Equilibrium for this particular 3x3 matrix
Suppose I am given the following matrix:
I would like to find all MSNE
I started by doing the double underline method to find any PSNE. I discovered that none exist. I then looked at which strategies …