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Game Theory 101
151 CQ
36 Lessons
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Free3 CQ
Commitment problems getting you down? Follow along with this game theory lesson to see how commitment problems can explain inefficient outcomes in real life.
with William SpanielCommitment problems getting you down? Follow along with this game theory lesson to see how commitment problems can explain inefficient outcomes in real life.
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Free3 CQ
Discover the Centipede Game, a game theory conundrum where the inability of players to credibly commit prevents a high payoff ... in theory. But in practice?
with William SpanielDiscover the Centipede Game, a game theory conundrum where the inability of players to credibly commit prevents a high payoff ... in theory. But in practice?
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Free6 CQ
Learn about the mathematical modeling of game theory scenarios, and see why real players don't always follow the solution suggested by backward induction.
with William SpanielLearn about the mathematical modeling of game theory scenarios, and see why real players don't always follow the solution suggested by backward induction.
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Free4 CQ
You know about backward induction in game theory, which assumes that all future play will be rational. But what about the opposite technique? Learn it here!
with William SpanielYou know about backward induction in game theory, which assumes that all future play will be rational. But what about the opposite technique? Learn it here!
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Free5 CQ
Learn how probability distributions affect advanced strategic form game theory puzzles, and how to solve the mixed strategy algorithm using variables.
with William SpanielLearn how probability distributions affect advanced strategic form game theory puzzles, and how to solve the mixed strategy algorithm using variables.
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Comments
Aden F
I liked the personal touch at the end. The concept of commitment problems does seem intriguing. I wonder how much this applies to the lesson on Proximate v Underlying Causes (a part of it, anyway), where you mentioned WW1 having the underlying cause of Massive First Strike Advantages. In such a situation, no country would be able to credibly commit to peace when they benefit much more from initiating the war (uh, apparently). Combined with the IR course, this course is a goldmine. Props to you!
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