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You want to collude, but can you trust the other firm to set prices high?

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Presentation on theme: "You want to collude, but can you trust the other firm to set prices high?"— Presentation transcript:

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5 You want to collude, but can you trust the other firm to set prices high?

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8 Step One: Is there a dominant strategy?

9 Type of Advertisements and Opinion Polls
Game #1 Negative Ads Positive Ads 15-point increase, 15- point increase 5- point increase, 25- point increase 25- point increase,5- point increase  7- point increase, 7- point increase

10 Step Two: Is there a Nash Equilibrium?

11 YouTube Competitors- Number of Likes (thousands)
Game #2 Cat Videos Human Mishaps 750, 900 320, 750 800, 700 250, 725

12 Superheroes- Villains Caught
Game #3 Day Shift Night Shift 8,7 4,4 5,4 7,3

13 Who to draft first, Quarterback or Running Back?
Game #4 Quarterback Running Back 11 wins,10 wins 4 wins,5 wins  6 wins,4 wins 10 wins,11 wins


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