Game Theoretic Approaches to Competitive Location Choice: A Mathematical Perspective
In this post, I present an in‐depth analysis of a project that investigates optimal location choices for competing firms using concepts from graph theory and game theory. The project models a set of cities as nodes in a graph and employs two primary methods: the iterated elimination of strictly dominated strategies and local search dynamics. I provide a detailed exposition of the mathematical foundations, algorithms, and extensions implemented to reflect more realistic scenarios. This is my answer to a university assignement.
Tags: #Game Theory