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Game Theory Foundations · Static games

What is a game

Game theory studies decisions where your best move depends on what others do. Learn the parts of a game (players, strategies, payoffs, information, timing) and how to write one as a payoff matrix.

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Once you understand game theory, you understand the world. Veritasium · 30 min
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Key idea
Prereqs: none. Next: Dominant strategies & the Prisoner's Dilemma. Follows Yale ECON 159 (Polak) Lecture 1 and MIT 14.12.
Next: 1. Strategic vs ordinary decisions
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