Summary: 9/24/2010
1
Yale lectures 5 and 6
· Nash Equilibrium no
individual can do
strictly better by
deviating self
enforcing in g
agreements
· Investment game all
invest or no invest.
Guess and check.
Converges.
Mark best alternative given the other
player has made a decision.
Terms
· What is a fixed point?
· What does he term a silly Nash
Equilibrium?
· In investment game (get profit ofIn investment game (get profit of