Applications to Industrial Organization
This chapter helps us apply many of the concepts of previous chapters, dealing with simultaneous- and sequential-move games under complete information, to common industrial organization problems. In particular, we start with a systematic search for pure a
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Felix Munoz-Garcia Daniel Toro-Gonzalez
Strategy and Game Theory Practice Exercises with Answers Second Edition
Springer Texts in Business and Economics
Springer Texts in Business and Economics (STBE) delivers high-quality instructional content for undergraduates and graduates in all areas of Business/Management Science and Economics. The series is comprised of self-contained books with a broad and comprehensive coverage that are suitable for class as well as for individual self-study. All texts are authored by established experts in their fields and offer a solid methodological background, often accompanied by problems and exercises.
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Felix Munoz-Garcia Daniel Toro-Gonzalez
Strategy and Game Theory Practice Exercises with Answers Second Edition
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Felix Munoz-Garcia School of Economic Sciences Washington State University Pullman, WA, USA
Daniel Toro-Gonzalez School of Economics and Business Universidad Tecnológica de Bolívar Cartagena, Bolivar, Colombia
ISSN 2192-4333 ISSN 2192-4341 (electronic) Springer Texts in Business and Economics ISBN 978-3-030-11901-0 ISBN 978-3-030-11902-7 (eBook) https://doi.org/10.1007/978-3-030-11902-7 Library of Congress Control Number: 2018968092 1st edition: © Springer International Publishing Switzerland 2016 2nd edition: © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
This textbook presents worked-out exercises on Game Theory, with detailed step-by-step explanations, which both undergraduate and master’s students can use to further understand equilibrium behavior in strategic settings. While most textbooks on Game Theory focus o
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