Introduction to Individual Decision-Making
57:16Representation of Games
1:13:14Dominance
1:16:26Rationalizability
1:21:50Nash Equilibrium
1:19:27Imperfect Competition
1:20:30Zero-Sum Games
1:20:39Backward Induction
1:17:06Negotiation
1:13:34Subgame-Perfect Nash Equilibrium
1:20:41One-Shot Deviation Principle and Bargaining
1:18:29Finitely Repeated Games
1:17:09Infinitely Repeated Games
1:22:18Folk Theorem
1:17:38Implicit Cartels
1:21:18Bayesian Games
1:21:15Bayesian Nash Equilibrium: Applications
1:09:47Auctions
1:19:23Revenue Equivalence
1:20:20Ad Auctions
1:16:04Representation of Games
This session delves into formal methods for representing games, including extensive-form games to depict sequences of moves and strategic-form games for simultaneous decisions. Key concepts of strategy and interactive decision-making are discussed.
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