Economic Puzzles: Noisy Prisoners, Manhattan Locations, and More
- (pp. 185-191)
AbstractEach "Puzzles" will begin with a few speed problems. These puzzles have answers provided in the same issue. Puzzles 1 and 2 will give you a chance to get up to speed. Then, we continue with longer puzzles taken from two very broadly defined categories: strategy puzzles and theory puzzles. Strategy puzzles will give the readers an opportunity to compete against each other in problems of coordination and competition. The third puzzle, a noisy prisoner's dilemma tournament, falls dead center in this category. Theory puzzles are meant to offer mathematical problems that have an economic interpretation. The fourth puzzle, an optimal location problem, is in this category.
CitationNalebuff, Barry. 1987. "Economic Puzzles: Noisy Prisoners, Manhattan Locations, and More." Journal of Economic Perspectives, 1 (1): 185-191. DOI: 10.1257/jep.1.1.185
- 011 General Economics