Models of Economic Games Cover Image

Modele de jocuri economice
Models of Economic Games

Author(s): Liana Rodica Pater, Olivia Saierli
Subject(s): Economy
Published by: Editura Eurostampa
Keywords: game; strategy; Nash equilibrium.

Summary/Abstract: The theory of games stands for the mathematical modeling of a conflict situation. This paper describes standard mathematical games, dynamic and static games with incomplete information. Afterwards we will continue solving a number of economic problems using games such as: Cournot duopoly, strategic investment and duopoly, Cournot duopoly with incomplete information.

  • Issue Year: XIV/2008
  • Issue No: 14
  • Page Range: 105-110
  • Page Count: 6
  • Language: English