'Backward induction' diaporamas de présentation

Unit III: The Evolution of Cooperation

Unit III: The Evolution of Cooperation. Can Selfishness Save the Environment? Repeated Games: the Folk Theorem Evolutionary Games A Tournament How to Promote Cooperation/Unit Review. 7/28. 4 /6. 4/14. Repeated Games. Some Questions: What happens when a game is repeated?

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Defending against multiple different attackers Kjell Hausken, Vicki M. Bier

Defending against multiple different attackers Kjell Hausken, Vicki M. Bier . Advisor: Yeong -Sung Lin Presented by I- Ju Shih. Agenda. Introduction The model Analysis of the simultaneous game Two-period game when defender moves first Two-period game when attackers move first

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Entry and exit

Entry and exit. September 16, 2008. Some facts. Think of an industry with 100 firms doing a combined $100 million revenue in 2008 In the next 5 years, 30 to 40 new firms will enter Combined annual sales of $12 to $20 million Half will be diversified firms entering the market

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Common Knowledge of Rationality is Self-Contradictory

Common Knowledge of Rationality is Self-Contradictory. Herbert Gintis Santa Fe Institute Central European University Institute for New Economic Thinking (INET). Princeton University Press, 2009. Summary.

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Common Knowledge of Rationality is Self-Contradictory

Common Knowledge of Rationality is Self-Contradictory. Herbert Gintis Santa Fe Institute Central European University Institute for New Economic Thinking (INET). Princeton University Press, 2009. Summary.

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Algorithms for solving sequential (zero-sum) games Main case in these slides: chess

Algorithms for solving sequential (zero-sum) games Main case in these slides: chess. Slide pack by Tuomas Sandholm. Rich history of cumulative ideas. Game-theoretic perspective. Game of perfect information Finite game Finite action sets Finite length

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Economic Concepts for Strategy

Economic Concepts for Strategy. Learning Objectives: Appreciate that much of Strategy is grounded in Economic principles Enhance your ability to apply Economic and Game Theory principles to strategy formulation. Economic Costs. Costs may be sunk or avoidable

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Session 4: Topics

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Topic 8: Oligopoly and game theory

A ntitrust Economics 2013. David S. Evans University of Chicago, Global Economics Group. Elisa Mariscal CIDE, ITAM, CPI. Topic 8: Oligopoly and game theory. Topic 8 | Part 2 6 June 2013. Date. Overview: . Oligopoly and Interdependent Behavior. Oligopoly and interdependent b ehavior.

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Paper Schedule Reports

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Alternating-Offers Bargaining under One-Sided Uncertainty on Deadlines

Alternating-Offers Bargaining under One-Sided Uncertainty on Deadlines. Francesco Di Giunta and Nicola Gatti Dipartimento di Elettronica e Informazione Politecnico di Milano, Milano, Italy. Summary.

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Game Theory: The Competitive Dynamics of Strategy

Game Theory: The Competitive Dynamics of Strategy. MANEC 387 Economics of Strategy. David J. Bryce. The Structure of Industries. Threat of new Entrants. Competitive Rivalry. Bargaining Power of Suppliers. Bargaining Power of Customers. Threat of Substitutes.

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Extensive Form Games With Perfect Information (Theory)

Extensive Form Games With Perfect Information (Theory). Extensive Form Games with Perfect Information. Entry Game : An incumbent faces the possibility of entry by a challenger. The challenger may enter or not. If it enters, the incumbent may either accommodate or fight. Payoff:

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Dynamic Programming

Dynamic Programming. A typical infinite horizon problem. (1). (2). (Intertemporal constraint.). (3). (Initial condition.). State. xt. Control. ut. Value function. Finite time horizon example. Hamilton-Jacobi-Bellman equation. Solution Method. (1) Backward induction.

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Dynamic Games & The Extensive Form

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Decision Making

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Stackelberg Model

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Introduction

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