This is the second lecture in Cooperation and Competition. We covered more content in Chapters 1 and 2 of Dixit, Skeath and Reiley: commitment devices, the prisoner's dilemma, randomization, among others. We also had to do some basic administration at the beginning of the lecture.
In this lecture we began the chapter on sequential games. We began the lecture with a clip from Chris Nolan's 'The Dark Knight' and proceeded to look at the basic theory of sequential games: game trees, decision nodes, subgames, strategies, etc. We ended the lecture after looking at the example of the prisoner's dilemma in extensive form.
In this lecture we continued with Ch 12 and collective action, looking at positive and negative externalities, and the ways in which they are embedded in the p(n) and s(n) functions.
This is the channel for the course Cooperation and Competition at the University of Cape Town. It is my first attempt to create a combination screencast and video. The course is an introductory course in game theory using the book Games of Strategy…
This is the channel for the course Cooperation and Competition at the University of Cape Town. It is my first attempt to create a combination screencast and video. The course is an introductory course in game theory using the book Games of Strategy (3rd Ed) by Dixit, Skeath and Reiley.
