The assignment content discusses game theory and Nash equilibriums in the context of two-player games. The provided examples illustrate how to find Nash equilibriums in different scenarios: (i) a unique Nash equilibrium when all players take their best move, (ii) multiple Nash equilibriums where each player takes their best response strategy, and (iii) sub-game perfect equilibrium using reduced form.

Understand the concept of Nash equilibrium in game theory, including unique and non-unique equilibriums, and learn how to identify them in different scenarios.

Nash Equilibrium in Game Theory

This document provides an overview of the basics of game theory, including dominant strategies, Nash equilibrium, and subgame perfect Nash equilibrium (SPNE). It discusses various examples and applications of game theory in business and economics. The document also includes solved assignments and essays on game theory.

Basics of Game Theory

The assignment content discusses game theory concepts such as Nash equilibrium and dominant strategies. It also covers time series analysis using autoregressive models, and a prisoners' dilemma game. Additionally, it explores the correlation between income and health outcomes, explaining how higher income can lead to better health and vice versa.

Political Science

Nash Equilibrium and Dominant Strategy

Essay

This document discusses the concept of mixed strategy equilibrium in game theory. It explains how players in a game can use mixed strategies to maximize their payoffs. The document explores different scenarios and provides examples to illustrate the concept. It also discusses the implications of mixed strategy equilibrium and its relevance in decision-making.

Mixed Strategy Equilibrium in Game Theory

This document discusses the set of pure strategies in a normal game and how to find them. It explains the concept of mixed strategies and probability distribution. It also explores the path on payoff and finds the Nash Equilibrium. Additionally, it discusses the sub game perfect equilibrium and its payoffs.

Nash Equilibrium in Game Theory

End of preview

Basics of Game Theory

Nash Equilibrium and Dominant Strategy

Mixed Strategy Equilibrium in Game Theory

Set of Pure Strategies in a Normal Game

Nash Equilibrium in Game Theory

End of preview

Basics of Game Theorylg...

Nash Equilibrium and Dominant Strategylg...

Mixed Strategy Equilibrium in Game Theorylg...

Set of Pure Strategies in a Normal Gamelg...

Basics of Game Theory

Nash Equilibrium and Dominant Strategy

Mixed Strategy Equilibrium in Game Theory

Set of Pure Strategies in a Normal Game