
Lecture 24 - Asymmetric Information: Auctions and the Winner's Curse
Jun 8, 2018 - 01:02:28
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We discuss evolution and game theory, and introduce the concept of evolutionary stability. We ask what kinds of strategies are evolutionarily stable, and how this idea from biology relates to concepts from economics like...
Lecture 11 - Evolutionary Stability: Cooperation, Mutation, and Equilibrium is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard. We discuss evolution and game theory, and introduce the concept of evolutionary stab...
This episode belongs to Yale Open Courses ECON 159: Game Theory.
Use the player on this page to stream the episode online.
Published Jun 6, 2018, 01:12:06 long, audio available.
We discuss evolution and game theory, and introduce the concept of evolutionary stability. We ask what kinds of strategies are evolutionarily stable, and how this idea from biology relates to concepts from economics like domination and Nash equilibrium. The informal argument relating these ideas toward at the end of his lecture contains a notation error [U(Ŝ,S’) should be U(S’,Ŝ)]. A more formal argument is provided in the supplemental notes.
You can listen to Lecture 11 - Evolutionary Stability: Cooperation, Mutation, and Equilibrium online on Radio and Podcast. Open the player on this page to stream the available audio.
Lecture 11 - Evolutionary Stability: Cooperation, Mutation, and Equilibrium is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard.
This episode is 01:12:06 long.
This episode was published on Jun 6, 2018.
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Yes. This page shows related episodes from Yale Open Courses ECON 159: Game Theory when more episodes are available from the podcast feed.
You can listen to Lecture 11 - Evolutionary Stability: Cooperation, Mutation, and Equilibrium on this page when the episode audio is available from the podcast feed.
Lecture 11 - Evolutionary Stability: Cooperation, Mutation, and Equilibrium is from Yale Open Courses ECON 159: Game Theory by William Sheppard.
Published Jun 6, 2018 and 01:12:06 long