Algorithmic Game Theory with Nashpy
Published in
5 min readJul 29, 2019
Game Theory is a method of studying strategic situations. A ‘strategic’ situation is a setting where the outcomes which affect you depend not just on your own actions, but on the actions of others as well. Let’s think about the market of firms: if the scenario is that of Perfect Competition, all the firms are price takers, hence they do not have to worry about the strategic setting of the price. Similarly, if the scenario is a…