Game Theory - Video
Ben Polak(ECON 159) This course is an introduction to game theory and strategic thinking. Ideas such as dominance, backward induction, Nash equilibrium, evolutionary stability, commitment, credibility, asymmetric information, adverse selection, and signaling are discussed and applied to games played in class and to examples drawn from economics, politics, the movies, and elsewhere.
This course was recorde... more
| Publishes | Daily | Episodes | 24 | Founded | 15 years ago |
|---|---|---|---|---|---|
| Category | Business | ||||
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Latest Episodes
We look at two settings with asymmetric information; one side of a game knows something that the other side does not. We should always interpret attempts to communicate or signal such information taking into account the incentives of the person doing... more
In business or personal relationships, promises and threats of good and bad behavior tomorrow may provide good incentives for good behavior today, but, to work, these promises and threats must be credible. In particular, they must come from equilibri... more
We discuss auctions. We first distinguish two extremes: common values and private values. We hold a common value auction in class and discover the winner's curse, the winner tends to overpay. We discuss why this occurs and how to avoid it: you should... more
We discuss repeated games, aiming to unpack the intuition that the promise of rewards and the threat of punishment in the future of a relationship can provide incentives for good behavior today. In class, we play prisoners' dilemma twice and three ti... more
Reviews
- M AL Mukhtar
Very useful, informative scientific introduction to the Game Theory.
Highly recommended, amazing lecturer.
Thanks for sharing.
M Al Mukhtar- New Zealand
Apple Podcasts5amdsnz
New Zealand10 years ago - Eds
Edjhane28
Apple Podcasts5Uyi20
Philippines11 years ago - Most interactive Open U class I have sat for.
Thank you, so much for the classes. I wish to sit in Yale listening to the lecturers ASAP. I'll apply this fall.
Apple Podcasts5CKarthik
India12 years ago - Online learning
I enjo this studying method cause i can think and write and listen at the same time and ask questions and it will be answered cause the depth of the course! 5 star matrial
Apple Podcasts5SenseiP
United States13 years ago - Brilliant.
Simply brilliant execution.
Apple Podcasts5VincenzoCUnited States13 years ago
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