Game Theory Explained

Here, we talk about iterative removal of dominated strategies to help us predict possible outcomes of games.

This weeks episode applies theoretical concepts into an actual sport, and tries to analyse the best strategies from the perspectives of goalies and kickers during penalty kicks.

In this episode we explore Pareto optimality, how to bet on outcomes and when is having no strategy, the best strategy.

In this episode we explore the traditional Keynes Beauty Contest Game and the presence of strictly and weakly dominant and dominated strategies.

This episode talks about the basic building block of game theory- Nash Equilibrium, and it’s application in the stock market.

In this episode, I go over the basics of Game Theory and apply these principles to a game known as ‘The Prisoners Dilemma’.