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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Social choice
Voting rules aggregate individual preferences and face fairness tradeoffs.
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Bayesian games
Players' private types and beliefs extend strategic analysis to incomplete information.
Mechanism design
Rules are chosen to induce desired outcomes from strategic participants.
Backward induction
Reasoning backward from terminal choices solves finite perfect-information games under appropriate preferences.
Best responses
A best response maximizes a player's payoff given opponents' strategies.
Dominant strategies
A dominant strategy is at least as good against every opponent choice, with strength depending on the definition.
Knowledge connections
- Bayesian games · Related · Map context
- Mechanism design · Related · Map context