01 Introduction five first lessons分析和总结分析和总结.docxVIP

Game Theory: Lecture 1 Transcript Overview: We introduce Game Theory by playing a game. We organize the game into players, their strategies, and their goals or payoffs; and we learn that we should decide what our goals are before we make choices. With some plausible payoffs, our game is a prisoners dilemma. We learn that we should never choose a dominated strategy; but that rational play by rational players can lead to bad outcomes. We discuss some prisoners dilemmas in the real world and some possible real-world remedies. With other plausible payoffs, our game is a coordination problem and has very different outcomes: so different payoffs matter. We often need to think, not only about our own payoffs, but also others payoffs. We should put ourselves in others shoes and try to predict what they will do. This is the essence of strategic thinking. September 5, 2007 back Professor Ben Polak: So this is Game Theory Economics 159. If youre here for art history, youre either in the wrong room or stay anyway, maybe this is the right room; but this is Game Theory, okay. You should have four handouts; everyone should have four handouts. There is a legal release form--well talk about it in a minute--about the videoing. There is a syllabus, which is a preliminary syllabus: its also online. And there are two games labeled Game 1 and Game 2. Can I get you all to look at Game 1 and start thinking about it. And while youre thinking about it, I am hoping you can multitask a bit. Ill describe a bit about the class and well get a bit of admin under our belts. But please try and look at--somebodys not looking at it, because theyre using it as a fan here--so look at Game 1 and fill out that form for me, okay? So while youre filling that out, let me tell you a little bit about what were going to be doing here. So what is Game Theory? Game Theory is a method of studying strategic situations. So whats a strategic situation? Well lets start off with whats not a strategic situation. In your