Game Theory
Key Takeaways
Applies game theory to model strategic interaction among rational and irrational agents
Original Description
Popularized by movies such as "A Beautiful Mind," game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents. Beyond what we call `games' in common language, such as chess, poker, soccer, etc., it includes the modeling of conflict among nations, political campaigns, competition among firms, and trading behavior in markets such as the NYSE. How could you begin to model keyword auctions, and peer to peer file-sharing networks, without accounting for the incentives of the people using them? The course will provide the basics: representing games and strategies, the extensive form (which computer scientists call game trees), Bayesian games (modeling things like auctions), repeated and stochastic games, and more. We'll include a variety of examples including classic games and a few applications.
You can find a full syllabus and description of the course here: http://web.stanford.edu/~jacksonm/GTOC-Syllabus.html
There is also an advanced follow-up course to this one, for people already familiar with game theory: https://www.coursera.org/learn/gametheory2/
You can find an introductory video here: http://web.stanford.edu/~jacksonm/Intro_Networks.mp4
AI explanation not available for this lesson yet
This lesson is still being prepared for the AI tutor. In the meantime, explore lessons that are ready.
Browse explainer-ready lessons →
Related Reads
📰
📰
📰
📰
TypeScript Covariance and Contravariance Without the Theory: A Practical Guide to Generic Type…
Medium · Programming
Lord of the Algebras: Groups, Rings, and Semirings in C#
Medium · Programming
On the Navier–Stokes Millennium Prize Problem
OpenAI News
How Did Archimedes Calculate Pi Without Measuring It
Medium · Programming
🎓
Tutor Explanation
DeepCamp AI