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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.

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What's the difference between Ex-post Incentive Compatibility and Dominant-Strategy Incentiv...

There are two agents 1, 2. They compete for a good with externality (sport facility, amusement park or something causes revitalization of a town) and gain v1, v2 of values with win respectively. If lo …
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