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.
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Course is really good. Covers a lot of content. One of the best places on the internet to learn game theory. Active discussion forum. Some more examples can be added as separate videos.
Great ! Interesting and abound at the same time. Hope Professors will clarify the strategic utility function more clearly because it's hard for students with poor math basic(forget most><) right now!
Easily the most challenging introductory course I've taken, but definitely worth it. I must say though that I learnt more from failing the quizzes than the lectures or practice questions.
A very in-depth and useful introduction to Game Theory and the different types of interactions between multiple stakeholders. The examples used are varied and serve to simplify the theory.