Nash equilibrium illustration:Cournot Model
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Nash equilibrium illustration: Cournot model
This video explains how to find Nash Equilibrium for Cournot Duopoly Model.
Nash equilibrium: Reaction function
Nash equilibrium illustration: Bertrand model
Nash equilibrium: Tragedy of commons
The tragedy of the commons is a situation in a shared-resource system where individual users, acting independently according to their own self-interest, behave contrary to the common good of all users by depleting or spoiling the shared resource through their collective action.

