Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 20.1, Problem 5Q
To determine

Informal game theory.

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Define game theory.
Using game theory what are some examples in where Nash equilibrium is incorporated?
What is game theory? How does it relate to strategic decision making?  What do the phrases dominant strategy and Nash Equilibrium mean as they apply to game theory?
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