Lecture 24 - Asymmetric Information: Auctions and the Winner's Curse
Jun 8, 2018 - 01:02:28
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Lecture 17 - Backward Induction: Ultimatums and Bargaining
We develop a simple model of bargaining, starting from an ultimatum game (one person makes the other a take it or leave it offer), and building up to alternating offer bargaining (where players can make counter-offers)....
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Lecture 17 - Backward Induction: Ultimatums and Bargaining is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard. We develop a simple model of bargaining, starting from an ultimatum game (one person makes the other...
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This episode belongs to Yale Open Courses ECON 159: Game Theory.
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Published Jun 8, 2018, 01:10:44 long, audio available.
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