Sublime

投资必看之纳什均衡 https://t.co/1lWisuFAGx

Advanced applications for entrepreneurs: 1. Create positive sunk costs: Make customers invest time/effort in your platform 2. Design cooperative equilibriums: Win-win partnerships beat zero-sum competition 3. Use commitment devices: Help customers stick to benefi... See more

Game theory puzzle: There are 3 people. Each person announces an integer. The smallest unique integer wins: e.g. if your opponents both pick 1, you win with any number. If all 3 pick the same number, the winner is picked randomly Question: what's the Nash equilibrium?