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Game theory basics
·
Module 2
Dominance and Nash Equilibrium
1
Identifying Dominant Strategies
Identify strictly and weakly dominant strategies in a payoff matrix.
2
Iterated Dominance and Game Outcomes
Solve for the outcome of a game using the iterative elimination of dominated strategies.
3
Understanding Nash Equilibrium: A Best-Response Approach
Define Nash Equilibrium (NE) as a profile of mutually best-response strategies.
4
Finding Pure-Strategy Nash Equilibria in 2x2 and 2x3 Games
Find all pure-strategy Nash equilibria in 2x2 and 2x3 games.
5
The Stag Hunt: A Game of Coordination
Analyze the Stag Hunt game as a model of coordination with multiple equilibria.
Previous module
Foundations of Strategic Games
Next module
Mixed Strategies and Equilibrium Refinements