Strict and Weak Dominance in Game Theory

Поділитися
Вставка
  • Опубліковано 30 лис 2023
  • Like the content? Buy me a coffee? !! Thanks so much !!
    www.buymeacoffee.com/econhelp
    Hi everyone in this video I discuss the difference between strictly dominant and weakly dominant strategies in game theory.
    0:00 Introduction
    0:25 Definitions
    1:52 An example of a strictly Dominant Strategy (Down Strictly Dominates Up, Up Strictly Dominated by Down)
    4:14 An Example of a Weakly Dominant Strategy (Down Weakly Dominates Up, Up Weakly Dominated by Down)
    6:40 Strict Dominance Implies Weak Dominance
    Other Videos:
    Background / Theory: • Dominant Strategy, Nas...
    • Game Theory: Three Exa...

КОМЕНТАРІ • 1

  • @user-st7px9ub6u
    @user-st7px9ub6u 5 місяців тому +2

    this is such a good and informative video...thankyou for all your help