Game Theory Lectures 📢 ⏰
You learn about and the "Grim Trigger" strategy. The math shows that if you are going to interact with someone forever (your neighbor, your boss, your spouse), cooperation is actually the rational choice.
And that is worth sitting through a few messy matrices. Game Theory Lectures
But then the professor introduces the . It proves that rational players will betray each other immediately , even though waiting would make them both millionaires. You learn about and the "Grim Trigger" strategy
It is a difficult class. It is a math-heavy class. But if you stick with it through the lecture on Bayesian Games, you will realize you aren't just learning economics. You are learning the operating system of human strategy. But then the professor introduces the
Here is why you should stop scrolling and actually attend (or rewatch) that lecture recording. Most economics lectures feel like history. Game theory feels like a chess match against the future.
That lecture is a humbling lesson for every control freak in the room. Sometimes, the best strategy is not having a fixed strategy at all. Yes, we have to talk about the classic. But in a good lecture, you move beyond the meme.