'Dominant strategy' diaporamas de présentation

The Structure of Networks

740 views • 63 slides

Issues on the border of economics and computation ?????? ????? ????? ??????

Issues on the border of economics and computation ?????? ????? ????? ??????. Speaker: Dr. Michael Schapira Topic: Intro to Auctions. Auctions. Some Examples. Art auctions (Sotheby's) Sponsored search auctions (Google) Spectrum Auctions (FCC) Bond/Stocks issuing.

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Auction Theory

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Algorithmic Issues in Non-cooperative (i.e., strategic) Distributed Systems

Algorithmic Issues in Non-cooperative (i.e., strategic) Distributed Systems Two Research Traditions Theory of Algorithms: computational issues What can be feasibly computed? How much does it take to compute a solution? Which is the quality of a computed solution?

641 views • 35 slides

Chapter 12

Chapter 12. Between Competition and Monopoly. . . . neither fish nor fowl. JOHN HEYWOOD. Monopolistic Competition. Monopolistic competition Many buyers and sellers Freedom of exit and entry Perfect information Heterogeneous products Product differentiation Imperfect substitutes.

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Federal Aviation Administration

Federal Aviation Administration. Overview of Strategic Planning and Game Theory Industry Construct. Ken Davidian ESIL-03 Workshop in Buffalo, NY November 7, 2012. Applied Market Models. Applied Market Models. Disruption Innovation Theory Christensen (1997). Dynamic Innovation Theory

384 views • 30 slides

IMGD 1001: Gameplay

IMGD 1001: Gameplay. Game Design Courses at WPI. IMGD 2500. Design of Tabletop Strategy Games IMGD 202X Digital Game Design IMGD 403X Advanced Storytelling: Quest Logic and Level Design. Outline. Gameplay ( this deck ) Level Design Game Balance. Gameplay.

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Games with Simultaneous Moves I :Discrete Strategies

Games with Simultaneous Moves I :Discrete Strategies Outline Games with simultaneous moves Nash Equilibrium Dominance Minimax in Zero-sum Game Three Players Multiple/Zero Equilibria in pure strategies Tree Forms into Strategic Forms Games with Simultaneous Moves Simultaneous moves?

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LECTURE #15: MICROECONOMICS CHAPTER 17 [Chapter 16 in 4th Edition]

LECTURE #15: MICROECONOMICS CHAPTER 17 [Chapter 16 in 4th Edition]. Oligopolies Game Theory Public Policy. IMPORTANT DEFINITIONS. Oligopoly : a market structure with a few sellers offering similar or identical products. Game Theory : the study of how people behave in strategic situations.

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Chapter 11 & 12 Imperfect Competition

Chapter 11 & 12 Imperfect Competition. Monopolistic competition Models of oligopoly Collusion and theory of games. Oligopoly. oligopoly : an industry dominated by a few large sellers who offer similar (e.g. automobiles) or identical (e.g. steel) products.

433 views • 22 slides

Oligopoly

Oligopoly. Alexa Hartmayer. Key Concepts. A market Situation in which there are very few sellers. Each seller knows that the other sellers will react to its changes in prices and quantities. - Economics Today (pg 619). Characteristics. Small Number of Firms

780 views • 19 slides

Oligopoly

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OLIGOPOLY

OLIGOPOLY. Market in which there are few firms, so individual firms can affect market price. Interdependence of firms is an important characteristic. The demand curves for the individual firms are dependent on the pricing and marketing decisions of competitors.

1.64k views • 14 slides

Balance

Balance. What is game balance?. Getting the numbers right Some explicit, some implicit All about relations between numbers Nuance of relationships Game and metagame Metagame examples Poker tells Sports leagues rules. Aspects of Game Balance. Single-player Multi-player Within game

315 views • 13 slides

OLIGOPOLY AND GAME THEORY

OLIGOPOLY AND GAME THEORY. Phillip J Bryson Marriott School, BYU. Introduction. Game Theory pioneered at Princeton John von Neumann (mathematician/physicist) and Oscar Morgenstern (Austrian economist) Initial promise, later disappointment, and revival. The Payoff Matrix.

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Multi-player, non-zero-sum games

Multi-player, non-zero-sum games. 4 , 3 , 2. Utilities are tuples Each player maximizes their own utility at each node Utilities get propagated ( backed up ) from children to parents. 4 , 3 , 2. 1 , 5 , 2. 4 , 3 , 2. 7 , 4 , 1. 1 , 5 , 2. 7 , 7 , 1. Game theory.

838 views • 12 slides

Part 1 Nocooperative Equilibria in Normal Form Games

Part 1 Nocooperative Equilibria in Normal Form Games. Part1-3 Some Classical Case in Game Theory. minimax method for zero-sum game. Maximin ?

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Chapter 10: Games and Strategic Behavior

Chapter 10: Games and Strategic Behavior. Game theory attempts to mathematically capture behavior in strategic situations , in which an individual's success in making choices depends on the choices of others. (Wikipedia)

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Game Problems

Game Problems. Which number is closest to the circumference of the earth?. 15,000 miles 25,000 miles 35,000 miles 45,000 miles 55,000 miles. Hermaphroditic Fish: Ex 18.1. Two players: Fish 1 and Fish 2 Two strategies: Demand preferred role Accept either role Payoffs

201 views • 11 slides

Micro Test Preparation

Micro Test Preparation. Micro: Friday Morning. MC. MC. MC. MC. 4 Market Structures. Maximize Profit @. MR = MC. MR = MC. MR = MC. MR = MC. Equilibrium Price vs. MC. P = MC. P > MC. P > MC. P > MC. Perfect Competition. Monopolistic Competition. Oligopoly. Monopoly.

344 views • 10 slides