Y2 - Strategy

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Lectures

Week 2

Universiteit van Amsterdam · Economics and Business Economics

Y2 - Strategy

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Week 2
The Penalty Game
Mixed Strategy Equilibrium
Mixed Strategy Equilibrium (Penalty Game)
Why Other Probabilities Don’t Work
Key Insights
Terminology
Rock-Paper-Scissors
Game Setup
No Pure Equilibrium
Possible Cases
Expected Payoffs
Solve Indifference
Final Result:
Equilibria
Strategy Game Example
Method

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