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Game Theory 8 – chap12. Random events and incomplete information

July 2, 2023June 3, 2023 by sehee

We will learn how to model incomplete information and the basic idea. We will also see how to turn an incomplete problem into an imperfect problem.

Categories Game Theory Tags bayesian normal form, game theory, incomplete information, john harsanyi, Jun 3 2023, random events 1 Comment

Game Theory 7 – chap11. Hold-up problem exercies

July 3, 2023June 2, 2023 by sehee

Consider an example of two players deciding whether to start a business together. Draw the normal form of the equilibrium as a function of cost and find the situations in which investment occurs.

Categories Game Theory Tags game theory, hold-up problem, Jun 2 2023 1 Comment

Game Theory 7 – chap10. Infinitely repeated games

June 27, 2023June 1, 2023 by sehee

Find the deviation of the cooperation phase and the punishment phase so that equilibrium can be reached. Also, learn the status of the one-shot deviation principle.

Categories Game Theory Tags cooperation phase, game theory, infinitely, Jun 1 2023, one-shot deviation principle, punishment phase, repeated game, repeated prisoners' dilemma 1 Comment

Game Theory 7 – chap09. Finitely repeated game

June 1, 2023June 1, 2023 by sehee

Learn about an example of finding a pure-strategy SPE to find the best response of repeated interactions. We will also explore the prisoners’ dilemma for unique NEs.

Categories Game Theory Tags finitely, game theory, Jun 1 2023, repeated game, repeated interactions, repeated prisoners' dilemma 1 Comment

Game Theory 3 – chap08. Application I

June 3, 2023June 1, 2023 by sehee

Learn how far rationality can take you, and how to find Nash equilibria in a variety of examples, including the Cournot Duopoly.

Categories Game Theory Tags application, cournot duopoly, game theory, Jun 3 2023, May 30 2023, rational 1 Comment

Game Theory 2 – chap07. Nash Equilibrium & Location Game

June 3, 2023June 1, 2023 by sehee

Learn about Nash equilibrium, a third way to make predictions in normal-form games. We will also see how to find a Nash equilibrium in a Location game.

Categories Game Theory Tags game theory, isd, Jun 3 2023, location game, May 29 2023, nash equilibrium, rationalizability Leave a comment

Game Theory 2 – chap06. Rationalizability

June 3, 2023June 1, 2023 by sehee

Learn about rationalizability, a second way to predict in normal-form games. Examine the difference between 2-player and 3-player games in terms of ISD and BR.

Categories Game Theory Tags beliefs, best response, dominance, game theory, Jun 3 2023, May 29 2023, rationalizability Leave a comment

TED Translation | from EN to ES – Who am I (Quién soy)

November 19, 2023May 29, 2023 by sehee

Translated the “Who am I” video from English to Spanish as a TED Translation Volunteer.

Categories Volunteer Tags from EN to ES, May 1 2023, TED, TED Translation, Who am I 2 Comments

Game Theory 2 – chap05. Strict/weak dominance

May 29, 2023May 28, 2023 by sehee

Learn about strict/weak dominant/dominated strategies and see an example of an ISD, which stands for iterated strict dominance.

Categories Game Theory Tags game theory, iterated strict dominance, May 28 2023, strict dominance, weak dominance Leave a comment

Game Theory 2 – chap04. Normal-form games, basic concepts

May 28, 2023May 27, 2023 by sehee

Of the three elements of a normal form game, we’ll look at strategy, and how to choose a strategy that maximizes the expected payoff under a given belief.

Categories Game Theory Tags basic concepts, bayesian rationality, beliefs, game theory, May 27 2023, normal-form games, strategy 1 Comment
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