PPT-Nash equilibrium

and Best Response Functions Best response functions and Nash Equilibrium The best response function for any player i is a function that maps the list of actions by other players into the list of actions that are best responses to what the others did. CMPT 882. Computational Game Theory. Simon Fraser University. Spring 2010. Instructor: Oliver Schulte. 1. Equilibrium Refinements. A complex game may have many Nash . equilibria. .. Can we predict which one players will choose?. Lecture 12. Constantinos Daskalakis. The Lemke-. Howson. Algorithm. The Lemke-. Howson. Algorithm (1964). Problem:. Find an exact equilibrium of a 2-player game.. Since there exists a rational equilibrium this task is feasible.. What’s . New here?. . Incomplete information: . Example: . Battle of the sexes . game,But. Bob . doesn’t know . what Alice wants . (i.e. her payoffs from possible outcomes). In previous examples we had “. Econ 171. First some problems. The Goblins.. Working backwards.. What if there are 100 Goblins. Todd and Steven Problem. Problem 1 p 281. How many proper . subgames. are there?. 0. 1. 2. 4. 6. The Yule Ball. Econ 171. The Hawk-Dove Game. Animals meet encounter each other in the woods and must decide how to share a resource.. There are two possible strategies. . Hawk: Demand the entire resource and be prepared to fight for it.. . . 0, 0. 0,. . 1. . 1. , 0. . . -10, -10 . Swerve. Hang Tough. Swerve. Hang Tough. Player 2. Pllayer. 1. Does either player have a dominant strategy?. A) Yes. B) No. …. A) 6. B) 5. C) 4. D) 3. E) 2. Clicker Game:. Nash Equilibrium. The real John Nash. Hollywood’s Version. Clicker Question-A Chicken Game. . 0, 0. 0,. 1. . 1, 0. . -10, -10 . What’s . New here?. . Incomplete information: . Example: . Battle of the sexes . game,But. Bob . doesn’t know . what Alice wants . (i.e. her payoffs from possible outcomes). In previous examples we had “. Short introduction to game theory. 1. 2. Decision . Theory (reminder). (How to make decisions). Decision Theory = . Probability theory + Utility Theory. (deals with chance) (deals with outcomes). Renato. . Paes. . Leme. . Éva. . Tardos. Cornell. Cornell & MSR. Keyword Auctions. organic search results. sponsored search links. Keyword Auctions. Keyword Auctions. Selling one Ad Slot. New Advances for NAFLD/NASH NAFLD: A Spectrum of Disease Who Is at Risk for NAFLD and NASH? Prevalence of NAFLD in Europe Prevalence of NAFLD and NASH Predicted to Increase in Europe What Is the Burden of NAFLD in Europe? The Haber process proceeds as follows:. . 2NH. 3 (g). + 92KJ ↔ N. 2 (g). + 3H. 2 (g) . . If the equilibrium concentrations are:. [NH. 3. ] = 3.1x10. -2. M. [N. 2. ] = 8.5x10. -1. M. [H. 2. . When the rates of the forward and reverse reactions become equal, the concentrations of the reactants and the products remain constant. This is the stage of chemical equilibrium. This equilibrium is . competitiON. P.V. Viswanath. FIN 663, . Financial Strategy and Business Decisions. Why Game Theory?. equilibria. We saw previously (in the module on Capital Structure and Stockholder Incentives) that the existence of debt could cause debt overhang...