Game Theory Lectures May 2026
The magic happens during the module. The professor draws a tree diagram. You have two players: an Entrant and a Monopolist. The Entrant decides to "Fight" or "Acquiesce." The Monopolist decides to "Price War" or "Accommodate."
Here is why you should stop scrolling and actually attend (or rewatch) that lecture recording. Most economics lectures feel like history. Game theory feels like a chess match against the future. Game Theory Lectures
But they also gave me a superpower. I now see the invisible architecture of conflict and cooperation everywhere. I understand why voting feels pointless (Median Voter Theorem). I understand why you tip at a diner you'll never visit again (Subgame Perfect Equilibrium). The magic happens during the module
It hurts your head. You ask, "Why can't I just pick the best option?" The professor smiles. "Because if you do, your opponent will read your mind and crush you. To win, you must be a statistically perfect slot machine." The Entrant decides to "Fight" or "Acquiesce
But then the professor introduces the . It proves that rational players will betray each other immediately , even though waiting would make them both millionaires.