ECON 159 - Game Theory

ECON 159 - Game Theory

24 Lectures ยท Oct 30, 2007

About

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.

Course Homepage: [[http://oyc.yale.edu/economics/game-theory]]

Course features at Open Yale courses page: *Game Theory *Syllabus *Class Sessions *Downloads *Survey

Exams: *Midterm Exam *Solutions to Midterm Exam *Final Exam (from 2007) *Final Exam Solutions *Concepts since Midterm *List of Games

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01:08:32

Lecture 1 - Introduction to Game Theory: five first lessons

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Lecture 2 - Putting yourselves into other people's shoes

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Lecture 3 - Iterative deletion and the median-voter theorem

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Lecture 4 - Best responses in soccer and business partnerships

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Lecture 5 - Nash equilibrium: bad fashion and bank runs

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Lecture 6 - Nash equilibrium: dating and Cournot

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Lecture 7 - Nash equilibrium: shopping, standing and voting on a line

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Lecture 8 - Nash equilibrium: location, segregation and randomization

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Lecture 9 - Mixed strategies in theory and tennis

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Lecture 10 - Mixed strategies in baseball, dating and paying your taxes

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Lecture 11 - Evolutionary stability: cooperation, mutation, and equilibrium

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Lecture 12 - Evolutionary stability: social convention, aggression, and cycles

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Lecture 13 - Sequential games: moral hazard, incentives, and hungry lions

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Lecture 14 - Backward induction: commitment, spies, and first-mover advantages

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Lecture 15 - Backward induction: chess, strategies, and credible threats

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Lecture 16 - Backward induction: reputation and duels

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Lecture 17 - Backward induction: ultimatums and bargaining

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Lecture 18 - Imperfect information: information sets and sub-game perfection

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Lecture 19 - Subgame perfect equilibrium: matchmaking and strategic investments

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Lecture 20 - Subgame perfect equilibrium: wars of attrition

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Lecture 21 - Repeated games: cooperation vs. the end game

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Lecture 22 - Repeated games: cheating, punishment, and outsourcing

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Lecture 23 - Asymmetric information: silence, signaling and suffering education

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Lecture 24 - Asymmetric information: auctions and the winner's curse

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