Game Theory (2007)
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Game Theory (2007)
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Re: Game Theory (2007)
#2Such an amazing course it is. Loved it.
Re: Game Theory (2007)
#3Is there any real world usage of game theory for ordinary people?
Re: Game Theory (2007)
#4This course helped me when I was studying Mathematical Economics. Gem!
Re: Game Theory (2007)
#5Is there any real world usage of game theory for ordinary people?
What is "original people"? Did you mean "ordinary" people? In that case almost every branch of mathematics is useful for "ordinary" people if they have the skills or inclination to make use of it.
Re: Game Theory (2007)
#6Is there any real world usage of game theory for ordinary people?
What is "original people"? Did you mean "ordinary" people? In that case almost every branch of mathematics is useful for "ordinary" people if they have the skills or inclination to make use of it.
I presume ordinary in simply doing ordinary things like: doing the groceries, paying bills, doing a simple desk job or construction job, having one or two hobbies like playing a musical instrument or a sport.
Something you'd describe as being ordinary.
Though, I could be very wrong here, since it is definitely open for multiple interpretations.
Re: Game Theory (2007)
#7Is there any real world usage of game theory for ordinary people?
It helps you understand the meta in Starcraft tournaments, but if you're interested in that - perhaps you're not ordinary...?
It's like a lot of things, you need to know enough to know why its useful, so its a bit of a catch-22. And then there's when you should apply it - a lot of the times just because you can doesn't mean you should.
Re: Game Theory (2007)
#8Is there any real world usage of game theory for ordinary people?
can you be more specific about what exactly you're asking here?
are you asking "would an ordinary person encounter events in which game theory would be applicable on a normal, day-to-day basis?"
or are you asking "would an ordinary person who has studied game theory (but is not especially well versed or practiced) be capable of using it when it comes to making decisions?"
also can you please specify what you mean by an "ordinary person". how good are they at linear algebra and probability?
Re: Game Theory (2007)
#9The URL to download the course is on HTTP and not HTTPS. Quick link - https://openmedia.yale.edu/cgi-bin/open_yale/media_downloade...
Re: Game Theory (2007)
#10Is there any real world usage of game theory for ordinary people?
Many real life scenarios involving co-ordination / co-operative action between people can be “boiled down” to a game theory problem. The hard part is generating an estimate of the payoffs and probabilities of different outcomes, that are normally just supplied to you in most theoretical problems.