© 2009 Pearson Education Canada 16/1 Chapter 16 Game Theory and Oligopoly.
Simultaneous games with continuous strategies Suppose two players have to choose a number between 0 and 100. They can choose any real number (i.e. any.
© 2005 Pearson Education Canada Inc. 16.1 Chapter 16 Game Theory and Oligopoly.
Bertrand and Hotelling. 2 Assume: Many Buyers Few Sellers Each firm faces downward-sloping demand because each is a large producer compared to the total.
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