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Game Theory

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Course Code: 
ECON 159
Dr. Ben Polak
Yale University

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 Sessions
Session Title Media Type Status
01 - Introduction: five first lessons Audio
02 - Putting yourselves into other people's shoes Audio
03 - Iterative deletion and the median-voter theorem Audio
04 - Best responses in soccer and business partnerships Audio
05 - Nash equilibrium: bad fashion and bank runs Audio
06 - Nash equilibrium: dating and Cournot Audio
07 - Nash equilibrium: shopping, standing and voting on a line Audio
08 - Nash equilibrium: location, segregation and randomization Audio
09 - Mixed strategies in theory and tennis Audio
10 - Mixed strategies in baseball, dating and paying your taxes Audio
11 - Evolutionary stability: cooperation, mutation, and equilibrium Audio
12 - Evolutionary stability: social convention, aggression, and cycles Audio
13 - Sequential games: moral hazard, incentives, and hungry lions Audio
14 - Backward induction: commitment, spies, and first-mover advantages Audio
15 - Backward induction: chess, strategies, and credible threats Audio
16 - Backward induction: reputation and duels Audio
17 - Backward induction: ultimatums and bargaining Audio
18 - Imperfect information: information sets and sub-game perfection Audio
19 - Subgame perfect equilibrium: matchmaking and strategic investments Audio
20 - Subgame perfect equilibrium: wars of attrition Audio
21 - Repeated games: cooperation vs. the end game Audio
22 - Repeated games: cheating, punishment, and outsourcing Audio
23 - Asymmetric information: silence, signaling and suffering education Audio
24 - Asymmetric information: auctions and the winner's curse Audio