We introduce the idea of a sub game perfect Nas Equilibrium analyzing the entry deterrence game as a simultaneous game. Looked at this way there turn out to be several Nash Equilibria...not all of which are "reasonable". The latter part of the class introduces a simple card game as we begin a new section on games of imperfect information. 2008 does a better job on this topic.
Original mp4's of this video and other resources related to the lectures from my introductory game theory course at the University of Canterbury , Econ 223, can be obtained at http://uctv.canterbury.ac.nz/modules/journal/journalview.php?space_key=4&...
You'll also find the 2008 lectures - better in some respect - but only 16 out of 22 are edited.
this is good, but a positive sum has already converged, and have started changing the way people thing about, working, consuming, and how business models should work. its a new era in economics, u just don't know it yet. flowlox.com
everything u know is changing. peace and may u prosper
MrWolf666 1 year ago