Game Theory 101: Chain Store Paradox

Course Feature
  • Cost
    Free
  • Provider
    Youtube
  • Certificate
    Paid Certification
  • Language
    English
  • Start Date
    On-Demand
  • Learners
    No Information
  • Duration
    1.00
  • Instructor
    William Spaniel
Next Course
2.0
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Discover the fundamentals of Game Theory 101: Chain Store Paradox
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Course Overview

❗The content presented here is sourced directly from Youtube platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 25th, 2023]

Game Theory 101: Chain Store Paradox is an introductory course that provides an overview of the chain store paradox. It begins with an introduction to the concept and then moves on to the complete information setup, which is used to solve the complete information game. The course then covers firms with credible retaliation and the incomplete information setup, which is used to solve the incomplete information game. It then explores the separating, pooling, and semi-separating equilibria before concluding with a discussion of how to resolve the paradox.

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