This book serves as an introduction to game theory for students with no prior game theory knowledge, or with limited … approach to game theory, while simultaneously exploring cooperative games, repeated play, correlated equilibrium, and a range …

We show the existence of Nash equilibria in a Bertrand oligopoly price competition game using a possibly asymmetric …

oligopoly markets. The robustness of the proposed simple Nash equilibrium model under the simultaneous constraints of allocation … firms in oligopoly markets is tested by changing profit and cost function parameters, as well as the initial production … facilitates the understanding of the robustness of attaining equilibrium in an oligopoly market. …

Pareto dominates the oligopoly one. As a consequence, economic efficiency is higher when market power is concentrated in one …

The present analysis applies continuous time replicator dynamics to the analysis of oligopoly markets. In the present … understanding the process of attaining equilibrium in an oligopoly market. …

is regarded as a noncooperative game, or as a Cournot oligopoly game, are investigated. The cases where such …

corresponding to a Nash equilibrium solution of the Cournot type model of oligopoly. …