Part 1 Equilibrium Selection Consider the following version of the example in section 2 of Kandori et al (1993). “Learn-ing, […]
Tag: Nash equilibria
What, if any, are the Nash equilibria strategies and outcomes of this game? Explain your answer in full.
Two garden centres, Green Grass and Bushy Shrubs, sell a similar range of plant pots, plants and plant food. Both […]