Introductory Game Theory 2007

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

186 students enrolled

Overview

course in introductory game theory.

Lecture 5: Intro Game Theory (2007) Lect 5 of 23

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        Lecture Details

        In this lecture I discuss how to interpret, and how not to interpret, payoff numbers. The discussion uses the simple 2x2 game tree we constructed to analyze sequential games, but it applies equally well to payoffs in simultaneous games. Then we begin to change the games we look at, starting with changing the order of moves in a 2x2 game. A simpler type of game tree can be used to analyze games with your future self - especially whether or not to take mind and mood altering substances, from nicotine through to LSD and cocaine. Note, the Audio got corrupted (due to radio wave interference in a neighboring lecture theatre). Its 90% OK after editing but annoying in places. Original mp4s of this video and other resources related to the lectures from my introductory game theory course at the University of Canterbury , Econ 223, can be obtained at httpuctv.canterbury.ac.nzmodulesjournaljournalview.php?space_key=4&module_key=135&link_key=139&group_key=0 Full set of lectures in pm4 format can Youll also find the 2008 lectures - better in some respect - but only 16 out of 22 are edited

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