Video Market Game Two boundedly rational video companies are playing the following asymmetric game: Company I (the row company) has to decide whether to have an open system or a lockout system....


Video Market Game


Two boundedly rational video companies are playing the following asymmetric game:


Company I (the row company) has to decide whether to have an open system or a lockout system. Company II (the column company) has to decide whether to create its own system or copy that of company I. What is a rest point of the replicator dynamics for this system?



May 04, 2022
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