About Game Theory 101

What is game theory? Why should we study it? Game Theory 101 is a free introductory course where Ill try to give an introduction to game theory basics. Over the course of the next few dozen videos, we will learn about strict dominance, iterated elimination of strictly dominated strategies, pure strategy Nash equilibrium, mixed strategy Nash equilibrium, the mixed strategy algorithm, weak dominance, backward induction, subgame perfect equilibrium, comparative statics, and more. Don't worry about math prerequisites--as long as you have minimal experience with high school algebra, you will be able to grasp the first 95% of the course. Game theory is logically demanding, but its mathematics are mostly straightforward. And after all its an introduction to game theory. The lectures will follow Game Theory 101: The Complete Textbook . I strongly recommend purchasing it--it's only $3.99 and it spells out everything we will be doing in much greater depth and with more examples. However, you should be fine without it. Let's have some fun!