Briefly explain the differences between the equilibrium concepts we discussed in game theory. What do we need to assume about people’s decision making to find equilibria?

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter10: Monopolistic Competition And Oligopoly
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Briefly explain the differences between the equilibrium concepts we discussed in game theory. What do we need to assume about people’s decision making to find equilibria? 

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