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Intro to Game Theory

Do you know the concept of Nash equilibrium for a prisoner’s dilemma? If you are not sure, check the two links below:

https://www.youtube.com/watch?v=UkXI-zPcDIM (source: KhanAcademy.org)

https://www.youtube.com/watch?v=ewu_7Dmj_18 (source: KhanAcademy.org)

Important: also watch the 2nd video! Do you realize that the 1st video is a bit unprecise?

 

In order to learn about Nash Equilibrium in Mixed Strategies, please watch the video following the link below:

https://drive.google.com/folderview?id=0BzDtAJbiHnbTd215SXRSNWg5MU0&usp=sharing

Several questions will be asked during the video. Submit your solutions to frank.huettner@hhl.de until soon :)

 

Finally, the questions for the group work can be found here.