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Results tagged with game-theory
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user 4515
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.
9
votes
2
answers
5k
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Bayesian Nash Equilibrium - Mixed Strategies
What's the correct way to solve BNE in mixed strategies? I've found two conflicting methods used.
Two players. Player 1 knows which game is being played, player 2 knows the game is chosen with probab …
- 431
10
votes
1
answer
1k
views
Perfect Bayesian Equilibrium
I've been given a question which I'm struggling with:
Take the standard Prisoner's Dilemma game and consider it is played twice. (Players observe the outcome of the first game before playing the seco …
- 431
2
votes
0
answers
357
views
A Perfect Bayesian Bargaining problem
Thought I'd post interesting questions that come my way to try and boost activity!
A seller and a buyer negotiate over trade of a single indivisible
good. The good is either of low quality (in which …
- 431
9
votes
1
answer
2k
views
Take-it-or-leave-it PBE
I've found an interesting question looking at perfect-bayesian-equilibrium. I haven't seen a question where beliefs are not discrete.
There is a single potential buyer of an object which has zero val …
- 431