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(IME2) Chapter 4 - Video 4: Cournot- Nash Solution. Why Intersection of Reaction Functions Matters.
Автор: selcuk ozyurt
Загружено: 2024-02-07
Просмотров: 3981
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In this episode, I explain the intuition behind the Cournot duopoly solution, which is the point where the reaction functions intersect. I explain the Cournot-Nash Solution, the point at which firms do not regret their choices once the firm's choices are revealed.
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.
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