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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- 4 stars22.36%
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In my opinion, this had one of the best compilations of materials available. The concepts were cleared with clarity, and the quizzes were a perfect application of the theory understood.
The course is generally good. The exercises however are not very well explained. Furthermore, it would be nice to have a pdf from the course in order to be able to study independently.
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 introduction to game theory, especially for those with some mathematical background. Good examples of using models presented in the course to analyze real-world situations.