
Lecture 24 - Asymmetric Information: Auctions and the Winner's Curse
Jun 8, 2018 - 01:02:28
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We continue our discussion of mixed strategies. First we discuss the payoff to a mixed strategy, pointing out that it must be a weighed average of the payoffs to the pure strategies used in the mix. We note a consequence...
Lecture 9 - Mixed Strategies in Theory and Tennis is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard. We continue our discussion of mixed strategies. First we discuss the payoff to a mixed strategy, pointing out...
This episode belongs to Yale Open Courses ECON 159: Game Theory.
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Published Jun 4, 2018, 01:12:52 long, audio available.