24/7 Whatsapp Chat (Worldwide): +1.289.499.9269
Online Assignment Expert

Help With Homework?

We write homework assignments for college and university students worldwide. Contact us anytime 24x7 and we will help you.

Guaranteed Delivery best homework help website 24x7 Support Online 24 hours homework help Lowest Prices best homework writing services


Game Theory homework help by top economics problem solvers. We guarantee accurate solutions, affordable charges, 24 hours support online & assured on-time delivery. Key definitions, applications with Nash Equilibrium and Prisoner's Dilemma with examples.

Guaranteed On-time Delivery Game Theory Problem Solver 24x7 Email, Chat & Whatsapp SupportGame Theory Economics Problem Solver Lowest Prices Game Theory Homework Help 100% Plagiarism-freeGame Theory Homework Help Online
Do my Economics Homework


Welcome to the best Economics Problem Solver website for college & university homework, assignments & projects. If you are looking for professional economics homework help for your Game Theory homework at affordable cost, you have arrived at the right place. Our economics experts specialize in delivering high-quality college homework help and we are available 24 hours a day, all days of the year. We deliver urgent homework help within 24 hours. Check out our 24 hours homework help page for more information. Get economics hw help any time of the day or night-just reach out to us by email, or chat with us (on our website) or on Whatsapp @ +1.289.499.9269). You can also chat with us on our private Telegram channel, @urgenthomework and we will help you right away.

Game Theory Economics Problem Solver

We guarantee excellent results for all economics homework topics, including microeconomics, macroeconomics, econometrics and more. Every economics paper we solve for our customers comes with our service guarantee of 100% plagiarism-free, original, high-quality work, 24x7 support online, fair pricing guarantee and assured delivery on time.

Our full-time, internal Quality Assurance(QA) team checks economics homework answers submitted by experts and certifies them delivery only after due diligence and making sure there are no errors and all the assignment requirements are fully complied with.


We deliver urgent economics assignments in less than 24 hours, if required, no matter how difficult it is. Contact us for expert help with your online business economics exams, tests & quizzes.

Chat with us on WhatsApp any time of the night or day for immediate economics homework help. Simply add our number +1 289 499 9269 to your WhatsApp and start chatting with our Customer Success Managers, or simply click here to chat with us instantly on Whatsapp. You can also chat with us privately on our Telegram channel, @urgenthomework.

Our economics problem solvers provide excellent economics homework help that covers all major economics assignment topics such as given below (in alphabetical order). Click on any of the topcis for more information:

Advanced Theory of Economics Applied Economics Business Economics
Computational Economics Cross Elasticity of Demand Demand Forecasting-Managerial Economics
Econometrics Economic Development and Planning Economic Principles
Equilibrium Price and Quantity Social and Economic Development GDP Measurement
International Economics Labour Economics Law of Demand
Macroeconomics Managerial Economics Mathematical Economics
Medical and Health Economics Microeconomics Monetary and Macroeconomic Theory
Price Effect Public Economics Quantitative Analysis
Choose Economics as a Career



Game theory is an area of applied mathematics which provides tools to predict and analyze potential situations where participants, called players, are required to make interdependent decisions. Because of this interdependence, players must consider the possible decision or strategy of the other player/s in order to formulate their own strategy. Applied across several fields of study, game theory provides the players with a theoretical framework to conceive situations, best possible decisions and the outcome of the “game” that may affect them. It is often used to simulate real-world scenarios for situations such as product release, pricing and market competition to predict possible outcomes. As there is a great emphasis on optimal strategic decision-making of competing and independent players, game theory is also referred to as a science of strategy by scholars. Emphasizing on the decision-making aspect and those controlled by the participants rather than chance, game theory not just supplements the classic mathematical theory of probability but also goes beyond it.

Game theory was pioneered during the 1940s by Hungary born American mathematician John von Neumann and his Princeton fellow, economist Oskar Morgenstern and developed especially for application in economics. They asserted that mathematics used in the physical sciences provided a poor model to study economics. They also made the observation that economics was similar to a game in the sense that like in games, players in economics are required to anticipate the moves of others, make moves to counter them, and vie for the reward. An interesting fact about the theory is that it was initially applied to the analysis of parlor games to study the decisions, behavior and resulting outcome of players. Renowned mathematician John Nash also played a crucial role in the development and extension of the theory to the form in which it is known today.

Proponents of the theory proposed that at the center of it is the game or the interactive scenario which exists among the players. Game theory is built on the basic understanding that the payoff received by any one of the players depends on the strategy implemented by the other party and not just that player. Identities, possible strategies, preferences, and how the implementation of those strategies will affect the outcome are decided by the game itself. The decisions and actions of any one of the players will affect the outcome for all the others involved in the game. A key assumption of the theory is that players participating in the game will make rational decisions and want to maximize their payoffs. A number of other assumptions and requirements may also be necessary depending on the given model scenario. Apart from economics, the range of applications of game theory includes business, psychology, politics, war and evolutionary biology. Despite its immense scope and utility in these fields, game theory is still considered a relatively new and developing science.


The game theory can be applied to predict the most probable outcomes any time a situation between two or more players arises in which there are measurable consequences and known or quantifiable payoffs. To understand how it actually works, it is important to first define the key terms of the theory. These are:

Game: A game is defined as any set of circumstances in which two or more players take actions to arrive at a given result or outcome.

Players: They are the strategic decision makers who participate in the game and want a favorable result for themselves.

Strategy: It is the complete and most rational set of actions that players implement according to the situations within the game.

Payoff: It is the payout that a player will receive at the end of the game. The payoff must be in a quantifiable form and can be anything from money to utility.

Information Set: It is the amount of information available to the players at any given point in the game. Information is generally applicable in games which have sequential elements or components.

Equilibrium: It is the point at the end of the game where all the players have made their decisions and a valid outcome has been reached.

Do my Economics Homework


The Nash equilibrium developed by mathematician John Nash is a result or outcome of the game which when achieved, none of the players can increase their payoffs further by unilaterally changing their decision. This equilibrium is also understood as the point of no regrets because it is assumed that when a final decision is made, players will not have any regrets with regard to the impact of the decision on the resulting payoff. Nash demonstrated that in any given game having a set of possible outcomes and related utilities for the players, there is at least one unique outcome which satisfies the following conditions:

The outcome does not depend on the choice of utility function.

The outcome is not affected by irrelevant or unrelated alternatives even if they are added to or removed from the game.

Both or all players cannot achieve a better result than the others simultaneously. This condition is also known as Pareto-optimality.

The unique outcome is always symmetrical which means that even if the roles of the players were interchanged, the outcome will remain unchanged. The exception here is that in such a case the payoff will also be reversed with the role.

In most scenarios, the Nash equilibrium is reached gradually over a period of time. Once it is achieved after the period of trying and testing, the Nash equilibrium stays unchanged. Therefore, for economists and other professionals, it does not make any sense to study how a unilateral decision would have affected the situation. This is why the equilibrium is called the point of no regrets.

There can be several equilibriums within a single game. However, multiple equilibriums are generally seen in games that have more complex components and outcomes rather than those in which there are just two players who can make just one decision each. In simultaneous, complex and repeatable games that are sustained over a longer period of time, these equilibriums can be determined after conducting some trial and error. The presence of multiple equilibriums creates the scenario of multiple choices for players. Such a scenario can be seen most commonly in the business world where two competing businesses often have to determine the price of strong substitute products.


The prisoner’s dilemma is a classic game theory scenario developed by American mathematician Albert Tucker. It demonstrates the difficulties in making a decision in a two-person game with multiple outcomes where the players are assumed to be non-cooperative. To understand the prisoner’s dilemma, consider this example: suppose two persons—A and B have been arrested on the suspicion of committing a robbery together. Assume that the prosecutors could not find admissible evidence to prove the crime in court. Therefore, in order to make the suspects confess to their crimes, officials question both of them separately. The suspects have no way to communicate with each other. They both are presented with four deals by the officials:

1. If both confess to the crime, they will get 5 years of imprisonment each.

2. If person A confesses and person B does not, A will get 3 years and B will get 10 years of imprisonment.

3. If person B confesses and person A does not, B will get 3 years and A will get 10 years of imprisonment.

4. If neither of them confesses to the crime, both will get 2 years of imprisonment.

It is clear that the best strategy would be not to confess. However, because neither of them knows the strategy of the other person, they cannot be certain that the other will also not confess. In this situation the safest bet would be to confess to get the best possible deal. Thus both A and B will confess and get sentenced for 5. Therefore, when faced with prisoner’s dilemma, both players will make the decision which is best for them individually but not so collectively.

Do my Economics Homework


The application of game theory has revolutionized the field of economics by providing solutions to critical problems associated with older mathematical models. For example, economists using neoclassical economic theory found it very difficult to understand imperfect competition and entrepreneurial anticipation. Game theory provided a solution by turning their attention to the market process from the older concept of steady-state equilibrium.

In the business world, game theory is credited for improving the modeling of the competing behaviors of different agents in the economy. Businesses often have to choose from multiple strategic alternatives that can affect their ability to make economic gains. For example, they may be faced with situations of dilemma such as whether to develop new products and discontinue existing products; lower prices to challenge the competition; and adopt a new marketing strategy. Game theory provides solutions to most such situations. It is also a key theory that helps economists understand firm behavior in an oligopolistic market (a market where a small number of suppliers dominate the market) by predicting the most likely outcome when firms behave in a certain way and adopt strategies such as collusion and price fixing.

Game Theory Economics Problem Solvers


Placing an order for Game Theory homework help is as simple as sending us your requirements using the ENQUIRY FORM provided in this page, on the right. Just fill in your contact details, add any additional information and attached relevant reference documents, if any, and send it to us. We will review it and contact you right away.

You can also email us all your details to info@urgenthomeworkhelp.com

You can also chat with our Customer Success Managers, on our website, on Whatsapp (+1.289.499.9269) or on our private Telegram channel (@urgenthomework) and tell us exactly what you need and when. Share any relevant documentation if available.

Give us all this information and then sit back and relax. You will be surprised how quickly we get back to you with the fully completed economics homework. We will keep you updated with progress and once done, we put it through our internal quality checks. After that, we will deliver it to you on the confirmed delivery date.

We like to keep things simple and straight-forward. No complicated processes or extended wait times. No need to chase us for status updates - we will keep you updated with progress at every stage. No surprise delays or price-hikes. No putting up with rude and arrogant customer care executives. We are absolutely committed to delivering your completed Game Theory paper on time.

Urgent Homework Help Website
Urgent Homework Help and Online Tutoring


Game Theory Economics Problem Solvers

Economics Tutor Online


24 Hours Assignment Help Step 1: Get in touch with us and provide us with details of your assignment. Tell us what you need - share any relevant documentation and most importantly, tell us when you need your completed assignment. That is all the information we will need to get started.
Urgent Homework Help Step 2: Make the payment. For your convenience, we accept online payments through PayPal. You can pay online using any of your credit or debit card. You will get a receipt for your payment by email after a while. That is the official record for your payment.
24 Hours Assignment Help Step 3: Collect your completed assignment on the scheduled date and time. Go through your assignment and if you feel there is a need for any change(s) feel free to let us know. Our friendly customer care executives will be happy to take in your request and get it actioned right away!


Do my Game Theory AssignmentI had almost forgotten about my managerial economics assignment. Thanks to UrgentHomeworkHelp.Com, I was not only able to submit my assignment on time but also ended up among the top scorers! Though, I must confess, I was a little sceptical about their "instant homework help" concept but it was a good decision I had taken: to go ahead with them. I would definitely recommend their services to everyone!

- Jason W. (Perth, Australia)

Do my Game Theory HomeworkThank you for the online economics help service. Honestly, I wonder what I would have done if you guys wouldn’t have helped me. I was able to submit my assignment on time. I will be coming back to you for my next semester as well, so watch out for me. :-)

- Keri S. (Hamilton, Canada)

Do my Game Theory AssignmentSo glad I chose managerial economics homework help from this company. Their Customer Care Rep listened to me carefully and made sure he had all the right information about what I wanted. Then I send in some reference documents and of course paid them. That was it! My completed assignment was delivered four days later without any hassle. Thank you, Team.

- Rachel T. (Birmingham, UK)

Make a Payment Hotel Management Homework Help Information Security and Governance Assignment Help USA
Privacy Policy International HR Management Homework Help Small Business Homework Help Australia
Terms and Conditions Organizational Development Homework Help Performance Leadership Homework Help Canada
How Does It Work? Business Information Systems Homework Help Change Leadership Homework Help United Kingdom
Refund Policy Case Study Assignment Help Law Assignment Expert Qatar
Current Job Openings Business Writing Assignments Solidworks Assignment Experts Singapore
About Us Contemporary Legal Studies Homework Help Intellectual Property Homework Help Malaysia
Partner with us Legal Framework Homework Help International Trade Law Homework Help Saudi Arabia
Corporate Social Responsibility Tort Law Homework Help Company Law Homework Help South Africa
FAQs Constitutional Law Homework Help Employment Law Homework Help Quebec
Place an order Entrepreneurship Homework Help Climate Law Homework Help New Zealand
Send us an email Case Study Homework Help on Copyright Competition and Consumer Law Homework help Europe
Call us in Australia & New Zealand Managerial Accounting Homework Help Economic Principles Homework Help United Arab Emirates
Call us in USA, Canada & Rest of the World Docker Homework Help Case Study Homework Help China
Read our Blog GIS ArcGIS Homework Help Training and Development HR Assignment Help South Korea
Online Assignment Help Global Business Homework Help Operations Management Homework Help Japan
College Homework Help HR Case Study Homework Help Business Strategy Homework Help
Online Assignment Expert Dissertation Assignments Matlab Programming Help
24 Hour Homework Help Equity and Trusts Homework Help Public International Law Homework Help
Urgent Assignment Help Administrative Law Homework Help Online Global Trade and Markets Homework help
Solid Edge Homework Help Strategic Human Resource Management Homework Help Managing Organizational Behavior Homework Help
Database Management Homework Help Chinese Economy Impact Assignment Help Contracts Law Homework Help
Data Mining Homework Help Liberalism Perspective Law Assignment Arts and Architecture Assignment Help
Biotechnology Homework Help Contemporary Legal Studies Assignment Help Lean Manufacturing Homework Help
DesignBuilder Homework Help Disadvantages of Greenhouse Effect Advantages of Modern Education System
How to Get Admission in Australian Universities? Autodesk Revit Homework Help Aleks Chemistry Homework Help
Google Core Competencies & SWOT Analysis How to Write a Reflective Essay

UrgentHomeworkHelp.Com is an independent academic writing service provider with 24x7 operations worldwide.

Hotel Management IT Security & Governance
International HR Management Small Business Homework
Organizational Development Performance Leadership
Business Information Systems Change Leadership
Case-Study Homework Law Homework
Business Writing Assignments Solidworks Homework
Contemporary Legal Studies Intellectual Property
Legal Framework International Trade Law
Tort Law Homework Company Law Homework
Constitutional Law Employment Law
Entrepreneurship Homework Climate Law Homework
Case-Study on Copyright Competition & Consumer Law
Managerial Accounting Economic Principles
Docker Programming CocaCola Case-study
GIS ArcGIS Homework Training & Development
Global Business Operations Management
Case-study on HR Business Strategy Homework
Dissertation Assignments Matlab Programming
Equity & Trusts Public International Law
Administrative Law Homework Global Trade & Markets
Strategic HR Management Managing Organizational Behavior
Chinese Economy Impact Contracts Law Homework
Liberalism Perspective Law Arts & Architecture
Contemporary Legal Studies Lean Manufacturing Homework
Disadvantages of Greenhouse Effect Advantages of Modern Education System
Autodesk Revit Homework Aleks Chemistry Homework
Google Core Competencies How to Write a Reflective Essay
USA Homework Help Canada Homework Help
Australia Homework Help New Zealand Homework Help
UK Homework Help Qatar Homework Help
Saudi Arabia Homework Help UAE Homework Help
South Korea Homework Help Japan Homework Help
Malaysia Homework Help Europe Homework Help
Singapore Homework Help South Africa Homework Help
How to Get Admission in Australian Universities?
Follow us & Subscribe
urgent homework helper urgent homework help urgent homework help urgent homework help urgent homework help