Introductory Game Theory 2007

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

107 students enrolled

Overview

course in introductory game theory.

Lecture 21: Intro Game Theory (2007) Lect 22 of 23

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        Lecture Details

        Continue on with analysis of repeated games tit for tat strategies, the "grim" strategy. Threats and promises may need to be made credible. We start with a simple 2x2 sequential "threat game", identify the credibility problem, and then see how it is resolved in a clip from a classic cult movie Dr Strangelove, available on a new special edition DVD. Fred Kaplan has an excellent review of this movie here.The lecture ends with a brief examination of the 10 methods for achieving credibile threats promises and comittments from Dixit and Skeath ch10 - but i was running short of time and skimped on this lecture 2008 does a better job . 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

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