Game and Decision Theory
Explore strategic models; randomization and sequential games; uncertainty and collective decisions. Concepts and connections are available independently of video coverage.
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Players, strategies and payoff functions define a normal-form game.
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A dominant strategy is at least as good against every opponent choice, with strength depending on the definition.
A mixed strategy is a probability distribution over pure strategies.
At equilibrium no player gains by unilateral deviation while others keep their strategies.
A probability measure assigns nonnegative weights to events, with total weight one and countable additivity on disjoint events.
Reasoning backward from terminal choices solves finite perfect-information games under appropriate preferences.
Explore strategic models; randomization and sequential games; uncertainty and collective decisions. Concepts and connections are available independently of video coverage.