Game Theory - Simultaneous Games

Happy Tuesday!

Simultaneous Games characterized by players selecting their strategies simultaneously, offer a rich tapestry of scenarios ranging from classic examples like the Prisoner's Dilemma to complex strategic interactions in economic and social settings. Understanding the dynamics of simultaneous games reveal insights into human behavior, strategic thinking, and the delicate balance between cooperation and competition in various real-world situations. 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

“What is the essence of the "Dominant Strategy Equilibrium" in simultaneous games?”