(AGT3E11) [Game Theory] Infinitely Repeated Bertrand Competition: Collusion and Monopoly Pricing
In this episode I study on infinitely repeated Bertrand competition example and show that how collusive outcome and monopoly outcome can be supported as a subgame perfect equilibrium.
This video is part of my advanced game theory course at York University. This course is designed for graduate students who have some background in game Theory. To continue watching advanced game theory lectures, please check the following list of videos:
If you don’t have background in game theory, please check the following list for more introductory videos on game theory:
what does the half represent
such great explanations, better than my actual professor here in Italy, thank you 🙂
Thank you so much!
monopolists' all went to the same business schools learning the same game dogma
I really like your teaching style, this video was very useful