Check out these other videos for everything you need to know about Game Theory and Oligopoly:
4.15 Intro to Oligopoly
4.16 Oligopoly: Collusion and Cartel
4.17 Game Theory
4.18 Game Theory Payoff Matrix Intro
4.19 Game Theory: Dominant Strategy and Nash Equilibrium
4.20 Dominant Strategy
4.21 Nash Equilibrium
4.22 Oligopoly in Practice
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So should Pepsi go low and Coke high?
Just wait disney
Got here from MatPat
I remember doing one of these activities in the first or second week of school
Thank you
what if the payoff from producing low or high is the same regardless what the other produce.
a produce b produce = 20,20
a produce b dont = 40,20
a dont b produce = 20, 40
a dont b dont = 30, 30
what is the nash equilibrium???
Great! You totally solved my problem. Thanks
We want to use this video for a college course in Economics. Can you please give us permission to fix the captions using the Amara.org site, which will embed your video from here?
Thank u
Thank you! Kept it short and simple.
Thank you! clean and simple
Nice