Understanding Economics: Game Theory

Taught by Professor Jay R. Corrigan, an award-winning teacher at Kenyon College, this course introduces you to game theory, which is the study of how people make strategic decisions in business, commerce, and a host of other activities. Focusing on the fundamentals, Professor Corrigan explains the principles of games and the best strategies, while opening your eyes to the games going on all around you.

• By This Professor
• 01: Game Theory Basics: The Prisoner’s Dilemma
• 02: Repeated Prisoner’s Dilemma Games
• 03: The Game of Chicken
• 04: Reaching Consensus: Coordination Games
• 05: Run or Pass? Games with Mixed Strategies
• 06: Let’s Take Turns: Sequential-Move Games
• 07: When Backward Induction Works—and Doesn’t
• 08: Asymmetric Information in Poker and Life
• 09: Divide and Conquer: Separating Equilibrium
• 10: Going Once, Going Twice: Auctions as Games
• 11: Hidden Auctions: Common Value and All-Pay
• 12: Games with Continuous Strategies