Game Theory Simulation Exercise: Pricing Prisoner's Dilemma
Alan Green, Stetson University
Student teams act as firms and make strategic pricing decisions. Each firms' profits depend on all of the teams' decisions.

Comparing Market Structures
Amber Casolari, Riverside City College
Working in predetermined teams of 4-5 students, teams will examine and identify the market structure for cell phone operating systems. After examining the current market structure, teams will be asked to analyze ...

Game theory: externalities, the prisoner's dilemma and Nash equilibrium as seen in South Park
C. Lucy Malakar, Lorain County Community College
After viewing a brief segment of a South Park episode, students create a game theory matrix and apply the concepts of the Prisoner's Dilemma and Nash Equilibrium.

Negative externalities and property rights
Marcelo Clerici-Arias, Stanford University, Anita Bhide, Oriol Pons-Benaiges, Claire Xue – All at Stanford
Game-theoretic modeling of a negative externality scenario, with applications of Coase theorem and the Pigovian tax.

Tragedy of the commons game
Phil Ruder, Pacific University
This application calls on student teams to depict a tragedy of the commons game in strategic form, identify the Nash equilibrium outcome, and consider policies that might improve on an open-access management regime ...

Oligopolies - Why can't Venezuela convince OPEC to act as a monopoly?
M. Jimena González-Ramírez, Manhattan College, jimena.gonzalez@manhattan.edu
Prior to class, students listen to: https://www.npr.org/sections/money/2016/10/21/498867764/episode-731-how-venezuela-imploded. In this NPR Planet Money episode, an in-depth analysis about Venezuela's current ...

Fair division in upgrading internet service.
Michael Levine, San Bernardino Valley College
In this exercise students will consider two roommates who have the opportunity to purchase a shared (public) good, upgraded internet speed. Students will discuss the appropriate division of the cost of the good. In ...

Big Players in a Small Market – Pure and Mixed-Strategy Nash Equilibria in Stylized Market Participation Decisions
George Orlov, Cornell University-Endowed Colleges
In the context of an oligopolistic entry game, students will translate a word problem into game theoretic notation and will then examine how changes to the payoff structure changes the Nash equilibria in a game. ...

Keeping Each Other in Check – Oligopolists' Strategic Interaction
George Orlov, Cornell University-Endowed Colleges
Students will examine the behavior of two large oligopolists, deciding on which factors serve as the biggest deterrents to the firms' collusion. The main factor preventing collusion is the temptation to ...

Oligopoly
Marcelo Clerici-Arias, Stanford University, Anita Bhide, Oriol Pons-Benaiges, Claire Xue – All at Stanford University
Investment decisions by two duopolists. Create payoff matrix with stylized payoffs and strategies, followed by finding Nash equlibria.