Work detail

Generalized Nash Equilibrium Problems in Economics

Author: Bc. Maxim Kratochvíl
Year: 2015 - summer
Leaders: RNDr. Michal Červinka Ph.D.
Consultants:
Work type: Bachelors
Language: English
Pages: 45
Awards and prizes:
Link: https://is.cuni.cz/webapps/zzp/detail/154629/
Abstract: The aim of the thesis is to provide basic overview of term called Generalized
Nash Equilibrium Problem (GNEP), mainly to the audience with
economic education. Given term is the generalization of famous concept
coming from Game theory called Nash Equilibrium Problem (NEP). Thesis
describes basic properties of GNEP, illuminates main differences between
NEP and GNEP and provides examples of both models. Thesis discuss hypothesis
that there might exist economic models that could be advanced
or solved by GNEP. One example of such economic model is presented to
support given hypothesis.

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