Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nash equilibrium is a game theory state where a change in one participant's ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...

John F. Nash Jr. is widely known as the subject of the Oscar-winning film “A Beautiful Mind,” but his contributions to the advancement of human knowledge are far greater. Nash paved the way for game ...

In this paper we endogenize the choice of strategic variables in a mixed duopoly market in which each firm produces a homogeneous product with a strictly increasing convex cost function. This allows ...