if they hold back, they will lose, because



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送交者: steven 于 2005-6-05, 04:20:19:

回答: 偶更关心的是石油大公司会推迟这样的技术的早日完善应用 由 蓝隼 于 2005-6-05, 02:36:35:

they don't know what their competitors will do, and they won't trust their competitor will also hold back. That is the beauty of Nash equilibrium, in these case, cooperation between energy companies sounds like the best for them, however, John Nash, in his Nobel prize winning work, has proved that the best strategy is not to cooperate between energy companies. Check for Prisoner's dilemma for detail. The bottomline is, suppliers compete, the buyers benefits.



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