Best Responses

Plot of the players' best responses. Note that there is always an intersection and therefore, a pure Nash equilibrium. There are at most 3 Nash equilibria. Eventually there might be mixed strategies

 

mxm.margarida

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Resource Type
Activity
Tags
cournot  duopoly  equilibrium 
Target Group (Age)
14 – 19+
Language
English
 
 
GeoGebra version
4.4
Views
8
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