If you are interested in learning game theory, I have created a fairly elaborate web of YouTube videos that teach the subject from the ground up. YouTube doesn’t allow you to organize things very well, so I created gametheory101.com for that purpose. Once there, you will be able to find all of my lectures, including this one on the prisoner’s dilemma:
Although game theory is serious business (the italics indicate sarcasm), it can also be fun. In this video, I explain how I snagged four balls during batting practice at a single game:
Or optimally targeting penalty kicks in soccer:
Hop over to gametheory101.com to see them all.
William,
Congrats on the Freakonomics mention.
Could you make a suggested playlist order for your Game Theory vids on YouTube?
Chris
Unfortunately, Freakonomics caught me at a bad time. I was planning on revising things to create a coherent lesson plan, but I had only gotten two videos in when I was thrust into the spotlight. My temporary answer is to use this playlist as a guide: http://www.youtube.com/user/JimBobJenkins#g/c/102B69CCA6049B6C
However, now that I am “out there,” I might divert more of my attention toward getting said coherent lesson plan together, at which point I will post it here.
William
I am foxed by the second half of this question. I have read your textbook but there is nothing similar. I am sure its there
In game theory, explain the circumstances under which column (x) dominates column (y) in a
two-person zero-sum game.
Liz and Mark play a zero-sum game. This game is represented by the following pay-off matrix for Liz.
Mark plays 1 Mark plays 2 Mark plays 3
Liz plays 1 5 3 2
Liz plays 2 4 5 6
Liz plays 3 6 4 3
(b) Verify that there is no stable solution to this game.
(c) Find the best strategy for Liz and the value of the game to her.
The game now changes so that when Liz plays 1 and Mark plays 3 the pay-off to Liz changes from
2 to 4. All other pay-offs for this zero-sum game remain the same.
(d) Explain why a graphical approach is no longer possible and briefly describe the method Liz
should use to determine her best strategy.
The payoff are in a 3x3matrix. I am sorry if its a bit confusing