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Lecture 3: Dominance (14.12)

Professor

1:16:26·2026·undergraduate level

Examining the Prisoner's Dilemma, this lecture introduces the fundamental concept of dominant strategies and best responses. It elucidates how to systematically identify and eliminate suboptimal strategies in competitive scenarios.

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

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