So well explained!!! Please keep making these videos :))
@mugheesjerral68193 жыл бұрын
hello, these videos have been very useful for me. is there any way to get practice problems(can you tell from where) regarding the content you cover through this course?
@OvidiuStancuta6 ай бұрын
Wait a second. If both Anil and Bala are aware of what each of their outcomes will be when taking different decisions, couldn't Anil (or Bala), switch to making Cassava, and endure making a loss for a season, which would then persuade Bala to plant rice, since earning 4 is better than earning 0... and so they could reach the optimal equilibrium without ever contacting one another???
@liammalloy6 ай бұрын
If this were a repeated game rather than a one-shot game, that might be a possibility. The rules of the game are important.
@OvidiuStancuta6 ай бұрын
@@liammalloy oh yeah my bad. Blanked on the fact this was a one shot game. Thank you for responding (I was really not expecting a response during Easter break to a 5 year old video)