Talk starts a full 20:10 in. Basic concepts, an intro sampler Get to hear from a leading mind in GT presenting to undergraduates Not an intro lesson or tutorial - previous knowledge necessary, but interesting 41:40 - in SME's you can do pretty good estimates of cost/value to opposite sides to improve bargaining 45:50 - what are terms available, what terms are meaningful, to each side? much bluff calling. poker face responses to terms that are highly or not-at-all important to you. Referenced books: Osborne, "An Introduction to Game Theory" Thaler, "Misbehaving - An Introduction to Game Theory" Gibbons, "Game Theory for Applied Economists"
@donfox10366 жыл бұрын
I would go to the University of Chicago if it weren’t in the U.S.
@Maryland_Kulak3 жыл бұрын
It’s not the distribution of income; it’s the distribution of wealth. “A fool and his money shall soon be parted”. No amount of income redistribution will solve the problem of wealth inequality.
@DF-ss5ep2 жыл бұрын
I do recommend sticking out for the rest of the video despite the lengthy introduction. I didn't end up with a good understanding of the material, but many points were raised about game theory that I as a layman was not aware of.
@MattHolstein Жыл бұрын
RIP Doc. Truly a life lived.
@malikialgeriankabyleswag42004 жыл бұрын
Why did this take so fucking long to actually start.. basically a 10 minute video with a 40 minute intro
@lmenascojr9 ай бұрын
So many blind spots, so much framing to make his analogies work. Here’s a premise he should have started with: all brains crave endorphins. The pursuit of endorphins drives everything, but not every brain responds the same way to those endorphins. The lack of endorphins prompts depression. All economics should be founded on those basic concepts.
@sebastiantilt40723 ай бұрын
Welcome to behavioral economics, just read Tversky, Thaler, & Kahneman's papers. Or their books: Nudge Misbehaving: The Making of Behavioral Economics Thinking Fast and Slow
@andrew.sandler2 ай бұрын
erm, and I mean this to offend you. But what you just said is stupid.
@markwilliford4567 Жыл бұрын
I've lost at alot of games in life. But I learned whatever a man Sows so shall he reap. God is a rewarder of those that diligently seek him.
@StarsTogether Жыл бұрын
Super content! Should you wish to go deeper, a similar book is an excellent guide. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
@ravenecho24102 ай бұрын
I dont think u need middle analysis, but is hard to think what these people say when analysis. We just have 1 non complex, derivatives, 2. Complex. Neither are maximization, maximization is like in calc ii, calc ii eng, calc iii, game theory 1,2... all throughout econ... Who knows how they cut up their courses
@muskduh2 жыл бұрын
Thanks a bunch!
@frankiepatron98342 жыл бұрын
Banks sold low grade loans And couldn't balance the books Also a large bank in England and here for the stock market. Where creative debt relive existed.
@ghirardellichocolate2013 жыл бұрын
So, for advice, we can always go to Opera Singers and find out what they used for black pepper to work again, and they used Trim nail filer. The rest is cleaning your blood with black pepper and pasta. So salesmen can work for hours with their customer without developing scurvy, right? In any case, it was really a matter of "help" and not putting down. People suffering with Schizophrenia are in awful physical pain and the last thing they needed was a psychiatrist who looks like the judge and you are guilty until proven innocent, but these things don't work for me, so either one has to behave more professionally taking things pretty seriously or being serious about things. What was wrong about the whole thing anyways, contaminations, I assume? If we go to people like chemists, nuclear physicist, electrician, construction worker, then you will know these things are Real when ... So, anyways, we can complicate things but nobody wants to lose a good employee...I think weight watch can help to to see how much you have cleared your body from smokes, drugs and contaminated food. #Psoriasis is a sticker.
@frankiepatron98342 жыл бұрын
Practice Excelencepoints of light
@Champi050 Жыл бұрын
So it is recognition then
@GraceJohnson-e1z2 ай бұрын
Garcia Elizabeth Lewis Helen Garcia Jennifer
@listener65964 ай бұрын
❤
@bigben93217 жыл бұрын
I made it 17 minutes. No substance, uninteresting.
@Zain-ir6rm7 жыл бұрын
JESUS CHRIST, HELP THE COLLEGE SYSTEM IT IS SOO DRY THE WAY EVERYTHING IS TAUGHT! This is why I love to learn on my own, the system made me think that this is the only way of learning/teaching.
@this-is-bioman4 жыл бұрын
Same here. I give up and I wish I looked at the comments first.
@NicolaHartman-e6pАй бұрын
Brown Edward Smith Matthew Garcia Matthew
@TheresaLopez-r7t2 ай бұрын
Thompson Lisa Garcia Frank Lopez Christopher
@ninirema45325 ай бұрын
❤✍️🙏
@IKnowNeonLights7 ай бұрын
It might be useful to tell the young students, or any other students involved especially in regards to the lecture, being game theory, this....! The human civilization, (by stating so this includes everyone) has geyd, lesbianed, has jewished, christianed, muslimed, paganed, has womaned, maned, chiled, elderled, has guilted, holyed, sinned, feared, paranoid, has divorced, relationshiped, loved, hated, has tortured, plesured, snooped, has bought, robbed, stolen, has raced, colored, politiked, has crazied, experimented, hypnotized, phsychotized, and psychologised knowledge and information out anyone, woman, man, child and old, including animals. Do not be any of this, everyone has a name. That is the only rule of the so called game theory.
@FreeJerusalemFilm7 ай бұрын
This lecture should be more interesting. It should be a "game"
@MaryLee-r2vАй бұрын
Williams Gary Thompson Lisa Lopez Jennifer
@frankiepatron98342 жыл бұрын
Advertising marketing
@bobmcgregor76516 жыл бұрын
wow, whats with massive butt kissing intro?? does it ever end? apparently, will I be watching till it does ... nope!
@РодионЧаускинАй бұрын
Lopez Linda Brown Linda Robinson Joseph
@deletingaccount3 жыл бұрын
Hugo needs too much introduction. I'll watch something else
@dipladonic2 жыл бұрын
My thought exactly!
@frankiepatron98342 жыл бұрын
Values beliefs Me undergrade
@vivianoosthuizen89902 ай бұрын
This man should retire it will help youth unemployment and end the boring teacher he is