Wednesday, April 30, 2008

It starts the first tango

From the next lecture we will move to game theory. The 7th lecture, to be held on May 7th, 2-5 pm, will introduce the notion and elements of a game (MWG 7), simultaneous games with perfect information (MWG 8.A-D), and, if we have time, correlated equilibrium (F-T 2.2).

This clip will help you appreciate the importance of information in game theory. It points to a key assumption in almost all games. (Try to identify which one!) If you know something about games under imperfect information, modeling that situation is a good exercise.

Slides are here. Suggested exercises are here.

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