
Lecture 24 - Asymmetric Information: Auctions and the Winner's Curse
Jun 8, 2018 - 01:02:28
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We first define formally the new concept from last time: Nash equilibrium. Then we discuss why we might be interested in Nash equilibrium and how we might find Nash equilibrium in various games. As an example, we play a...
Lecture 5 - Nash Equilibrium: Bad Fashion and Bank Runs is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard. We first define formally the new concept from last time: Nash equilibrium. Then we discuss why we might...
This episode belongs to Yale Open Courses ECON 159: Game Theory.
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Published Jun 3, 2018, 01:09:13 long, audio available.