Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
19 Cards in this Set
- Front
- Back
|
Annoncer, proclament Nom: signe annonciateur |
Herald |
|
|
Games theory was theorized by |
John von neuman and oscar morgenster in 1994 |
|
|
Soucieux de son image |
Image-conscious |
|
|
Il vaudrait mieux que tu l'ignores |
You'd be better off ignoring him |
|
|
Two strategies |
Eliminate the dominated strategy And keep the dominating strategy |
|
|
Wrap up |
Each player incentives lead them to play a strategy that leaves boff worse off |
|
|
affronter l'autre de front |
Go head on against the other |
|
|
Concurrence frontale |
Head-on competition |
|
|
Nash equilibrium |
Not "dominance solvable". A pair of strategies such that each player can do no better by unilaterally shifting strategies: each player plays the best response to the other player's strategy |
|
|
Devancer |
Preempt [stg] Pre-empt [sb] |
|
|
How to solve a sequential game ? ( Like in the Nash equilibrium) |
Backward induction : determine what your rival will do in the last period and then decide what's the best to do |
|
|
How to build credibility? |
- writing contracts - build a reputation for never backing down - burn your bridge and take decisions that make it impossible to back down (Thinking strategically, dixit, nalebuff) |
|
|
Effet dissuasif, barrière à l'entrée |
Entry deterrence |
|
|
Une question incroyablement ridicule |
A glaringly ridiculous question |
|
|
Quotation about the nuclear deterrence game |
"the power to constrain an adversary may depend on the power to bind oneself", Thomas shelling, the strategy of conflict, 1960 |
|
|
Se lier les mains |
Tie its hands |
|
|
Limits of the game theory |
Don't look for a numerical answer because the model is too sensitive to assumptions about the timing of the moves, the information available, rationality of the the decisions |
|
|
Entraîner un coût |
Incur a cost |
|
|
Les entreprises concurrentes ont pu mettre fin à leur dispute |
The rival companies were able to end their feud |
