what is fashion designer has posted a new item, '5. Nash equilibrium: bad
fashion and bank runs'
Game Theory (ECON 159) We first define formally the new concept from last time:
Nash equilibrium. Then we discuss why we might be interested in Nash equilibrium
and how we might find Nash equilibrium in various games. As an example, we play
a class investment game to illustrate that there can be many equilibria in
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bank, equilibrium, Fashion, Nash, runs
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