Introduction to game theory - Exercises

  • Reference: ADE-19-E

  • Number of pages: 3

  • Publication Date: Jan 1, 1997

  • Source: IESE (España)

  • Type of Document: Exercise

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Description

Presents five different situations, each one describing a strategic interaction among two companies. This set of exercises can be used to introduce various game theoretic concepts, including extensive form games for sequential moves, strategic form games for simultaneous moves, and the concept of signaling. The case can be used in an introductory session in game theory in a managerial economics course or in a business policy course.

Keywords

Business policy Competition Decision analysis