4.6 — Game Theory, Contestable Markets & Wrap Up — Class Content

Contents

Overview

We wrap up today by discussing some more about game theory (beyond mere prisoners’ dilemmas), and apply these insights in general to market competition by considering one final model of a contestable market. Then we will wrap up and summarize the semester before reviewing for the final exam.

Readings

None

Slides

Assignments

You are done with graded homeworks for the semester! However, homework 6 is available for you to practice the topics of Unit 4 for the final exam.

Turn in Exam 1 and Exam 2 corrections by the last day of class.

Don’t forget your Op-Ed is due by Friday May 14.