This course provides a brief introduction to game theory. Our main goal is to understand the basic ideas behind the key concepts in game theory, such as equilibrium, rationality, and cooperation. The course uses very little mathematics, and it is ideal for those who are looking for a conceptual introduction to game theory.
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Welcome to Game Theory
University von TokioÜber diesen Kurs
Kompetenzen, die Sie erwerben
- Nash Equilibrium
- Game Theory
- Strategic Planning
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University von Tokio
The University of Tokyo was established in 1877 as the first national university in Japan. As a leading research university, UTokyo offers courses in essentially all academic disciplines at both undergraduate and graduate levels and conducts research across the full spectrum of academic activity.
Lehrplan - Was Sie in diesem Kurs lernen werden
Why Do We Need Game Theory, and What Does it Tell Us?
Is it possible to analyze a wide variety of social and economic problems using a unified framework? In the first module, we address this question. We will see that the concept of rational decision making is useful, but it is not quite sufficient to provide governing principles. Motivated examples and some history of game theory will be provided. You will also be asked to play a simple card game to see how it feels to make your decisions strategically.
Understanding Nash equilibrium
The basic solution concept of game theory is Nash equilibrium. In Module 2, we try to understand this central concept through various examples and ask the following crucial question: how do players come to play a Nash equilibrium?
Rationality, Knowledge, and Evolution in Games
In Module 3, we will dig deeper into the relationship between rationality and Nash equilibrium. We will consider the whole spectrum of possible intellectual capacities of players, spanning the range from unlimited ability for sophisticated reasoning to absolute zero intelligence. In the end, you will see that Nash equilibrium can emerge under a fairly wide range of intellectual capacities of players.
Sustaining Cooperation
The final module is devoted to the most important and most general message of game theory: rational behavior quite often leads to a socially undesirable outcome. We will first try to understand the basic reason for this, and then see how this insight of game theory has made fundamental impacts in the natural and social sciences. Finally, we will learn some general methods to overcome this problem.
Bewertungen
- 5 stars74,43 %
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Top-Bewertungen von WELCOME TO GAME THEORY
I really enjoy how Kandori focused on the concepts without bogging us down with too much math. I also enjoyed seeing how many areas of life game theory could be applied to.
This course is an interesting course. Game theory is applicable in all the fields. Having a strong foundation in game theory is advantageous in the 21st century.
This course is amazing for beginners for no prior knowledge about game theory. I especially love the recommendations given at the end of the courses and the honour problems given in the course.
Exciting course and interesting theory. If possible, would like more insights to the Quiz and the reasons behind the answers as some i chose the answers by random.
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