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Intro to game theory concepts and the Prisoner's Dilemma
📝 My Notes
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Intro to game theory concepts and the Prisoner's Dilemma
1:42
About this lesson
- Rules
- Strategies
- Payoffs
- Outcome
- We will see these in Prisoner's Dilemma
Key Moments
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Video 1 of 17
Intro to game theory concepts and the Prisoner's Dilemma
2 min
• Selected
Setting up the Prisoner's Dilemma scenario and possible outcomes
4 min
Using the payoff matrix to find the Nash Equilibrium
10 min
Collusive agreements and the payoff matrix in a duopoly
15 min
Identifying allowed and disallowed actions in a prisoner's dilemma
2 min
True or false: Key properties of the prisoner's dilemma
2 min
Describing strategies and outcomes in a prisoner's dilemma game
2 min
Building the payoff matrix for the honest vs. lie game
2 min
Finding the Nash Equilibrium in an honest vs. lie payoff matrix
4 min
Listing strategies and outcomes for two prisoners
2 min
Building the payoff matrix for the prisoner's dilemma
2 min
Finding the Nash Equilibrium using dominant strategy analysis
4 min
Constructing a payoff matrix for two soft drink firms
4 min
Finding the Nash equilibrium using dominant strategies
5 min
Identifying strategies and outcomes in a cartel collusion game
3 min
Building the payoff matrix for two firms in a prisoner's dilemma
2 min
Finding the Nash Equilibrium in a comply-or-cheat payoff matrix
3 min