- Grade game, representation of game outcomes in matrix form.
- 1st lesson: Don't play a strictly dominated strategy.
- 2nd lesson: Objectives of games are important: we need to know what the payoffs are before starting analysing the game.
- 3rd lesson: Rational choices can lead to bad outcomes.
- 4rd lesson: Put yourself in other's shoes and try to figure out what they will do.
No comments:
Post a Comment