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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
4

Lecture 4: Rationalizability (14.12)

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

1:19:27
6

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
10

Lecture 10: Subgame-Perfect Nash Equilibrium (14.12)

1:20:41
11

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
14

Lecture 14: Folk Theorem (14.12)

1:17:38
15

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 20: Ad Auctions (14.12)

Ian BallMIT

Professor

1:16:04·2026·undergraduate level

Reviewing revenue equivalence, this lecture transitions to practical applications in ad auctions, particularly keyword search auctions like those used by Google. It explores strategic bidding in digital advertising markets.

EconomicsGame Theory & Mechanism DesignAd AuctionsKeyword AuctionsDigital Advertising

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 19

Lecture 19: Revenue Equivalence (14.12)

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