Chapter 14 - Game theory and the economics of information. In this chapter students will be able to: Understand the basics of game theory: a mathematical technique to study choice under conditions of strategic interaction; describe the prisoner’s dilemma and its applicability to oligopoly theory as well as many other situations; show how limited price information affects price dispersion for a product;. | Lecture Microeconomics: Theory and applications (12/e): Chapter 14 - Browning, Zupan
