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This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution...
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Chapter 1: Dominance Solvable Games -- Chapter 2: Pure Strategy Nash equilibrium and Simultaneous-move games with complete information -- Chapter 3: Mixed Strategies, Strictly competitive games, and Correlated Equilibria -- Chapter 4: Sequential-move games with complete information -- Chapter 5:...
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This paper examines the setting of optimal patent length in polluting industries. We find that in the absence of environmental regulation, the patent office offers longer patents when the industry is polluting than otherwise helping mitigate pollution. In the presence of environmental...
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