Topic 2: Simultaneous Games

Review

• Lecture Notes
• Self-test:
  definitions, dominant strategies, best replies
• Self-test:
  simultaneous games

Games

• Online game schedule
• Game Results:
• Game 2
• Game 3

Readings

Dominant Strategies

• Dominant / dominated strategies explanation
• Dominant strategies and rational pigs

Nash Equilibrium

• How to find equilibria

The Prisoner's Dilemma

• Are beautiful people less likely to cooperate?
• How Japanese towns went from well meaning tradition to a prisoner's dilemma.
• Videos:
  • Game show prisoner's dilemma for $160,000.
    (alternate link to video)
  • A Beautiful Mind

Changing the Game

• Warren Buffett's plan to reform campaign finance
• The weirdest Split or Steal game ever:
  • Watch it first
  • Brief article about the game