An Introduction to Von Neumann & Morgenstern’s Theory of Games - A Macat Psychology Analysis

Level: leicht
Macat Analysis | Macat, 2016

Perspektive: Verhaltensökonomik
Thema: Einführungskurse
Format: Kurzfilm, Dauer: 00:03:34
Link: https://www.youtube.com/watch?v=ali1d5cwtWU&index=25&list=PLRXstY5OaIwdnSWkTtomhEF2SoD66shVs

A very short introduction to two person games is given using the matching pennies game developed by von Neumann and Morgenstern and the battle of the sexes game. The concepts of Nash equilibria and mixed strategies are touched upon briefly.