NE vs Optimal solution Flashcards

1
Q

Cournot duopoly: normal form of the game, NE for a player i. Monopoly solution.

A
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2
Q

Bertrand duopoly: normal form of the game, NE for a player i. Is the NE an optimal outcome?

A
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3
Q

Tragedy of commons - cleaned air consumption problem: normal form of the game, NE for a player i. World’s payoff function.

A
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4
Q

The Braess paradox

A
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