Game Theory: The Science of Decision-Making

With up to ten years in prison at stake, will Wanda rat Fred out? Game theory is looking at human interactions through the lens of mathematics.

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Sources:
https://www.khanacademy.org/economics-finance-domain/microeconomics/nash-equilibrium-tutorial
http://levine.sscnet.ucla.edu/general/whatis.htm
http://assets.cambridge.org/97805213/61774/sample/9780521361774ws.pdf
https://www.youtube.com/watch?v=qcLZMYPdpH4
http://link.springer.com/chapter/10.1007/978-1-349-20181-5_1
http://www.gametheory.net/dictionary/Game.html

Image Links:
https://en.wikipedia.org/wiki/John_Forbes_Nash_Jr.

Comments

TheDridri600 says:

les L1 PS est-ce que vous êtes làààà

GhoulcallerGisa says:

ngl i thought this was an actual game theory video

Shastha Liyanage says:

Good Stuff !

crimfan says:

Game theory is older than John Nash. The book Theory of Games and Economic Behavior by von Neumann and Morgenstern is considered the foundational text, but of course it was written about before them. The first edition of their book was published in 1944. Here’s the Amazon link:

https://www.amazon.com/Economic-Behavior-Princeton-Classic-Editions/dp/0691130612

Boo Bear says:

but why is it called “game” theory?

thewalrusclown says:

ANNNNNND Matpat wasn’t a guest star in this BECASUUUUUUUSE?!?!?!?!?!?!?!?

TETRISBOY says:

That’s just a theory! A GAME THEORY!!! lol

Jim Jr44 says:

So how does that work with the US and the UN?

Pokecode Apps/Websites! says:

What about film theory? It’s a good YouTube show too!

Ed Ryan says:

392 don’t like game theory.

Ron Borneo says:

I was expecting to see mini-max, alpha-beta pruning, iterative deepening, etc.

T.J. Payeur says:

Interesting but..the first thing you learn in Poli-Sci..”One can not count on people acting in their own rational best self-interest.”

Springlock Bunny Thing says:

but hey, that’s JUST a theory! A GAME THEORY!

Chad Johnson says:

Is this guy POGO all grown up? I havnt watchedin years… but i sear its pogobot

Celine Strauss says:

we need to consider human error as well, too much systemic functions in society are based on traditional and limited knowledge and perspectives

Mr.Wetdream says:

When I think of coalition I think of saw 5. The ironically they all worked against each other, I would like to think the movie held a mirror up to society.

uncle featherpimp says:

Brexit anyone?

TCarrot Gaming says:

But that’s just a theory. A game- oh wait wrong channel.

Gibran Arroyo Castrejon says:

I thought this was a matpat video

TheMarshall92 says:

Kaiji

deadlypandaghost says:

Any recommendations for a good game theory channel? It always pops up with video game channels when I search

Purple Toast says:

But that just a theory…A Game Theory!

Randal DaVandal says:

. . .And that’s a theory. A game theory. And. . . . . .cut.

L D says:

Hmm
Makes me think of in modern society of the legal side of divorce vs cost of divorce and risk rewards….

Polaris Seven says:

Thanks for the elegant explanation. It’s a brilliant theory formulated by a beautiful mind.

Charles Darwin says:

how many years has the two employees had these skills.
have both employees been reskilles during their careers.
if someone with ten years in the field having reskilled is applying for a job with someone just out of college in employing the ten year expierencd guy on a trial basis and taking one the college kid until the project is complete and letting go the more expierenced (and more expensive) party while retaining the college kid.

economics!

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