Game Theory - Introduction

Happy Monday!

This week, we will explore a very interesting topic that many of you may not have heard about - Game Theory in Economics! Game theory serves as the playbook for understanding how people, businesses, or even animals make decisions when their choices depend on what others do. In game theory, you will learn to make the best decisions given other people’s strategies. Today, we will introduce you to this subject and discuss how it can be the most valuable thing you learn to help you make better decisions in your life. Let’s get started!

🧑‍💻 In this week’s edition: Game Theory

• Monday - Introduction to Game Theory

• Tuesday - Simultaneous Games

• Wednesday - Sequential Games

• Thursday - Repeated Games

• Friday - Cooperative Games

• Saturday - Uncertainty and Errors

💭 Question of the day

“How does Game Theory help us understand decision-making?”