An examination of the Folk Theorem in the context of game theory, defining its significance and implications as established in economics.
An analysis of Nash equilibria in game theory, examining pure and mixed strategies, their implications, and examples.
An exploration of the Nash equilibrium, a fundamental concept in game theory, including its definitions, historical context, major frameworks, and applications.
An exploration of the Nash equilibrium, a fundamental concept in game theory, including its definitions, historical context, major frameworks, and applications.
A strategy used in repeated games to secure outcomes not achieved by a single play Nash equilibrium.
An optimal strategy of one player in a game expressed as a function of the strategy choices of other players
A game that is repeated a number of times in future periods, influencing strategy and reputation considerations among participants.
A detailed exploration of Subgame Perfect Equilibrium in the context of sequential games in economics.
