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MIT 14.12: Economic Applications of Game Theory →0/20
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Lecture 1: Introduction to Individual Decision-Making (14.12)

57:16
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Lecture 2: Representation of Games (14.12)

1:13:14
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Lecture 3: Dominance (14.12)

1:16:26
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Lecture 4: Rationalizability (14.12)

1:21:50
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Lecture 5: Nash Equilibrium (14.12)

1:19:27
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Lecture 6: Imperfect Competition (14.12)

1:20:30
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Lecture 7: Zero-Sum Games (14.12)

1:20:39
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Lecture 8: Backward Induction (14.12)

1:17:06
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Lecture 9: Negotiation (14.12)

1:13:34
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Lecture 10: Subgame-Perfect Nash Equilibrium (14.12)

1:20:41
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Lecture 11: One-Shot Deviation Principle and Bargaining (14.12)

1:18:29
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Lecture 12: Finitely Repeated Games (14.12)

1:17:09
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Lecture 13: Infinitely Repeated Games (14.12)

1:22:18
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Lecture 14: Folk Theorem (14.12)

1:17:38
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Lecture 15: Implicit Cartels (14.12)

1:21:18
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Lecture 16: Bayesian Games (14.12)

1:21:15
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Lecture 17: Bayesian Nash Equilibrium: Applications (14.12)

1:09:47
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Lecture 18: Auctions (14.12)

1:19:23
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Lecture 19: Revenue Equivalence (14.12)

1:20:20
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Lecture 20: Ad Auctions (14.12)

1:16:04

Lecture 17: Bayesian Nash Equilibrium: Applications (14.12)

Ian BallMIT

Professor

1:09:47·2026·undergraduate level

This session extends the discussion of Bayesian Nash Equilibrium, applying it to practical economic scenarios. Specific applications include Cournot competition under asymmetric information and the strategic design of auctions.

AI & MLEconomicsGame Theory & Mechanism DesignStatistical Learning & CausalityBayesian Nash EquilibriumCournot Competition

MIT 14.12 Economic Applications of Game Theory, Fall 2025

Instructor: Ian Ball

View the complete course: https://ocw.mit.edu/courses/14-12-economic-applications-of-game-theory-fall-2025/

YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63quuKvMHCt3cmTmt0O2qpv

Previous · Lecture 16

Lecture 16: Bayesian Games (14.12)

Next · Lecture 18

Lecture 18: Auctions (14.12)

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