4. Finding Pure Strategy Nash Equilibrium in Cournot Duopoly Game (Game Theory Playlist 3)

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In this episode we study the famous Cournot Duopoly game. We show how to find pure strategy Nash equilibrium in simultaneous-move games with infinitely many actions and well defined and continuous best response functions.

selcuk ozyurt

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DeboraDVC

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VishalKumar-dyqp

literally the best explanation I have ever heard thank you! no wonder google rated your video the best

nez

great english pronounciation (for non english speaker), great explanation. you are our saviour for exam.

miftakhulainunarif

I am really grateful. You did not ignore upon even minute steps. Thank You

dazdoozz

I can't thank you enough. I started to understand game theory thanks to you.

duygua

Grande explicação!, e bastante fácil de entender. Obrigado!

guedes_

The y-intercept for Firm 2's best response function should be (a-c2/2b) rather than (a-c2/b)!

maxineslattery

you are a great teacher, now I understand this

diegopena

You are literally a saviour before exams

shourjyobiswas

Thank you prof for explaining it superbly!

benardkiplimo

thank you verymuch, it helps me a lot

nguyenlinh

1. If the a's are the same (constant) for both firms and c1 = c2 as you said, then how is [(a -c1)/b] above [(a -c2)/b] on the q2 axis?
2. If, however, [(a-c1)/b] is indeed larger than [(a-c2)/b], then how is the half of [(a-c2)/b] bigger than the half of [(a-c1)/b]?

KwekuYamoah

Is the process for finding pure strategy Nash equilibrium same as pure strategy equilibrium?

nimra

In the final equation why is that you are solving for 3qi when you only moved one qi over from the right to the left?

kevinmakki

would this be true if there were three firms instead of two?

ZiaUddin-ue

Could you please tell the case when there will be no intersection, what would happen then.

NehaParmar-iiex

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