Game Theory 11 – chap22. Job-market signaling
Learn about the first application of signaling, job-market signaling by Michael Spence.
bayesian games
Game Theory 11 – chap21. Forward induction and Cho-Kreps’ intuitive criterion
Learn how to refine the various PBEs in a signaling game using forward induction.
Game Theory 9 – chap16. IPV Auctions
Learn about independent private value auctions, the third application of a Bayesian game.
Game Theory 9 – chap15. The lemon market
Learn about Akerlof’s lemon market, the first application of a Bayesian game. Learn when to trade lemons in equilibrium.