April 14, 2012

Saturday Learning Series - Game Theory continues

Posting has been sparse the past two weeks for a number of reasons, but hopefully will get back on track again soon.  Last weekend I missed posting more from the Yale lecture series from Ben Polak on game theory.  If you are new to the site, check out this page for a great number of educational pieces from various subject matter experts.

You might think game theory is simply a theoretical scholarly diversion.  But Polak laces his lectures with as number of examples that relate to real-world situations.  This particular lecture continues the series and Polak talks about backward induction - using cases of commitment, spies, and first-mover advantages.

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