Introductory Game Theory 2007

University of Canterbury Course , Winter 2009 , Prof. John Fountain

106 students enrolled

Overview

course in introductory game theory.

Lecture 14: Intro Game Theory (2007) Lect 15 of 23

Up Next
You can skip ad in
SKIP AD >
Advertisement
      • 2x
      • 1.5x
      • 1x
      • 0.5x
      • 0.25x
        EMBED LINK
        COPY
        DIRECT LINK
        PRIVATE CONTENT
        OK
        Enter password to view
        Please enter valid password!
        0:00
        0 (0 Ratings)

        Lecture Details

        This is one of two lectures thinking deeply and critically about uncertainty in situations of strategic interaction. (Note lecture 14 was canceled) The first part of the lecture develops the operational subjective concept of probability, using the pricesodds set by the sports betting bookies at NZs TAB to show how subjective probability, while personal, can be measured, by asking agents to "put their money where their mouth " is. The second part uses Gigerenzers "natural frequency" method of communicating and thinking about uncertainty to explain inverse probability and Bayes theorem (no formulas please - only a "truth table" and, if youre a visual person, a graph, to develop "ballpark" boundedly rational assessments for inverse proabilities.)The original mp4s are perphaps bette rquality and are available available for download at httpuctv.canterbury.ac.nzmodulesjournaljournalview.php?space_key=4&module_key=41&link_key=43&group_key=0

        LECTURES



        Review


        0

        0 Rates
        1
        0%
        0
        2
        0%
        0
        3
        0%
        0
        4
        0%
        0
        5
        0%
        0

        Comments Added Successfully!
        Please Enter Comments
        Please Enter CAPTCHA
        Invalid CAPTCHA
        Please Login and Submit Your Comment