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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
Just to get this straight: Player 2 uses Forward Induction to reason out Player 1's choice to hunt a stag. Does Player 1 use Backward Induction to figure out Player 2's knowledge of his move and decide to hunt the stag?
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