Explore mixed strategies in game theory through diverse contexts like baseball, dating, and tax compliance in this 74-minute Yale University lecture. Delve into three interpretations of mixed strategies: literal randomization, beliefs about opponents' actions, and population-level behavior patterns. Examine how these concepts apply to sports, anti-terrorism tactics, and economic policy. Analyze the implications of mixed equilibria, particularly in tax auditing scenarios, and discover how changing penalties affect strategic outcomes. Gain valuable insights into decision-making under uncertainty and the practical applications of game theory across various fields.
Mixed Strategies in Game Theory - Applications in Sports, Dating, and Taxation
Overview
Syllabus
- Chapter 1. Mixed Strategy Equilibria: Example (Continued).
- Chapter 2. Mixed Strategy Equilibria: Other Examples in Sports.
- Chapter 3. Mixed Strategy Equilibria Interpretation 1: Literal Randomization.
- Chapter 4. Mixed Strategy Equilibria Interpretation 2: Players' Beliefs about Each Other's Actions.
- Chapter 5. Mixed Strategy Equilibria Interpretation 3: Prediction of Split on Two or More Courses of Action in a Large Population.
- Chapter 6. Mixed Strategy Equilibria: Policy Applications.
Taught by
YaleCourses
