Basic Principles of Game and Bargaining Theory

Gregor Berz

Chapter 4 in Game Theory Bargaining and Auction Strategies, 2015, pp 61-71 from Palgrave Macmillan

Abstract: Abstract If you like to drive fast, then are you continually in danger on the highway of getting into a prisoner’s dilemma. This will happen even without speed limits or police checks.

Keywords: Utility Function; Nash Equilibrium; Repeated Game; Total Utility; Nash Solution (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47542-8_5

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DOI: 10.1057/9781137475428_5

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