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Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...
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Pure-strategy Nash equilibria in nonatomic games with infinite-dimensional action spaces

This is a preview. Log in through your library . Abstract This paper studies the existence of pure-strategy Nash equilibria for nonatomic games where players take actions in infinite-dimensional ...
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Nash Equilibrium: How It Works in Game Theory, Examples, Plus Prisoner’s Dilemma

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nash equilibrium is a game theory state where a change in one participant's ...
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Using EPECs to Model Bilevel Games in Restructured Electricity Markets with Locational Prices

We study a bilevel noncooperative game-theoretic model of restructured electricity markets, with locational marginal prices. Each player in this game faces a bilevel optimization problem that we model ...
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Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution

Reviewed by Robert C. KellyFact checked by Michael RosenstonReviewed by Robert C. KellyFact checked by Michael Rosenston Game theory is the science of strategic decision-making in situations that ...