Game Theory 101: Chain Store Paradox
Learners:
Instructor: William Spaniel
Duration: 1.00
Discover the fundamentals of Game Theory 101: Chain Store Paradox▼
Course Feature
Cost:
Free
Provider:
Youtube
Certificate:
Paid Certification
Language:
English
Start Date:
On-Demand
Course Overview
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Updated in [July 25th, 2023]
Game Theory 101: Chain Store Paradox is an introductory course that provides an overview of the chain store paradox. It begins with an introduction to the concept and then moves on to the complete information setup, which is used to solve the complete information game. The course then covers firms with credible retaliation and the incomplete information setup, which is used to solve the incomplete information game. It then explores the separating, pooling, and semi-separating equilibria before concluding with a discussion of how to resolve the paradox.
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