There are two options.
- Develop your 'own equilibrium concept' in game theory
- Set a unique game, and solve the game by applying existing equilibrium concept (it should not be well-known and popular examples).
The paper will be about 'equilibrium concept' in game theory. It would be great if there is my own equilibrium concept that has never existed, but I consider it to be pretty hard. Whether you choose option 1 or option 2, please tell me what you are going to write about before you start writing this paper (whether you chose 1 or 2, and what your unique game is and what equilibrium concept you are going to use and apply to solve the game). The paper will also include a clear model of the game and application of equilibrium concept.
Sample Solution