3 ms·
As far as I remember it is a perfect Nash-Pareto equilibrium strategy: "keep the same price as the other side until the other side changes it". And, if all side
by artembugara 6y ago
As far as I remember it is a perfect Nash-Pareto equilibrium strategy: "keep the same price as the other side until the other side changes it". And, if all sides follow this strategy then prices are always $50