Course 6 of 15 · 11 lessons

Game Theory

How do you win when the other side is thinking too? Eleven lessons on strategic thinking, from the prisoner’s dilemma to a real negotiation. Lessons are added one at a time.

11 LESSONS
ABOUT 15 MIN EACH
YOUR CHOICES ARE NEVER STORED

1Should you confess?
The prisoner’s dilemma · about 15 min

5 exercises + flashcards Summary PDF

2Where do two ice-cream carts stand?
Nash equilibrium · about 15 min

5 exercises + flashcards Summary PDF

3Swerve or crash?
Chicken and commitment · about 15 min

5 exercises + flashcards Summary PDF

4Who moves first?
Sequential games · about 15 min

5 exercises + flashcards Summary PDF

5Why do cartels fall apart, and sometimes don’t?
Repeated games · about 15 min

5 exercises + flashcards Summary PDF

6Why is the ocean running out of fish?
The tragedy of the commons · about 15 min

5 exercises + flashcards Summary PDF

7How much should you bid?
Auctions and the winner’s curse · about 15 min

5 exercises + flashcards Summary PDF

8Why do peacocks have tails?
Signaling · about 15 min

5 exercises + flashcards Summary PDF

9How do you split the pie?
Bargaining · about 15 min

5 exercises + flashcards Summary PDF

10Can voting be fair?
Voting · about 15 min

5 exercises + flashcards Summary PDF

11Why did the deal fall through?
Capstone: a real strike · about 15 min

5 exercises + flashcards Summary PDF

Finished the eleven lessons? Go on to the seventh course, International Economics.