![]() ![]() Example: Each of the two players chooses a real number between 0 and 100. (a) Calculate the demand functions for the two firms. ![]() Tests: There will be a graded test at the end of each part of the course. ![]() Posted on Decemby Decemby Any such Nash equilibrium strategy pairs in the final matrix can be coded "NE" in a single matrix of strategy combinations by adding the two matrices already coded and finding cells whose value is 2, i. The contruction is described along with potential exercises in Devon Gorry and John Gilbert "Numerical Simulations of Competition in Quantities" (International Review of Economics Education).
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