Popularized by movies such as "A Beautiful Mind", game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents. Over four weeks of lectures, this advanced course considers how to design interactions between agents in order to achieve good social outcomes. Three main topics are covered: social choice theory (i.e., collective decision making and voting systems), mechanism design, and auctions.
Offered By
Stanford University
The University of British Columbia
Game Theory II: Advanced Applications
Stanford University
About this Course
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Learner Career Outcomes
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started a new career after completing these courses
Learner Career Outcomes
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started a new career after completing these courses
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Advanced Level
Approx. 15 hours to complete
English
Subtitles: English
Offered by
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is an American private research university located in Stanford, California on an 8,180-acre (3,310 ha) campus near Palo Alto, California, United States.
The University of British Columbia
The University of British Columbia is a global centre for research and teaching.
Syllabus - What you will learn from this course
2 hours to complete
Social Choice
The description goes here
2 hours to complete
8 videos (Total 89 min), 1 reading, 4 quizzes
8 videos
1.1 Social Choice: Taste 3m
1.2 Social Choice: Voting Scheme 15m
1.3 Paradoxical Outcomes 9m
1.4 Impossibility of Non-Paradoxical Social Welfare Functions 5m
1.5 Arrow's Theorem 31m
1.6 Impossibility of Non-Pardoxical Social Choice Functions 7m
1.7 Single-Peaked Preferences 7m
1 reading
Syllabus10m
4 practice exercises
Problem Set 124m
Unit 1.2 Quiz4m
Unit 1.3 Quiz8m
Unit 1.5 Quiz6m
2 hours to complete
Mechanism Design
The description goes here
2 hours to complete
9 videos (Total 96 min), 1 reading, 6 quizzes
9 videos
2.2 Implementation 18m
2.3 Mechanism Design: Examples12m
2.4 Revelation Principle 9m
2.5 Revelation Principle: Examples5m
2.6 Impossibility of General Dominant-Strategy Implementation 11m
2.7 Transferable Utility 9m
2.8 Transferable Utility Example8m
2.9 Mechanism Design as an Optimization Problem 19m
1 reading
Reading on the theory of Mechanism Design10m
6 practice exercises
Problem Set 218m
Unit 2.2 Quiz4m
Unit 2.4 Quiz2m
Unit 2.6 Quiz2m
Unit 2.8 Quiz4m
Unit 2.9 Quiz4m
2 hours to complete
Efficient Mechanisms
The description goes here
2 hours to complete
6 videos (Total 83 min)
6 videos
3.1 VCG: Taste 10m
3.2 VCG: Definitions 18m
3.3 VCG: Examples 7m
3.4 VCG: Limitations 11m
3.5 VCG: Individual Rationality and Budget Balance in VCG 16m
3.6 VCG: The Myerson-Satterthwaite Theorem 19m
4 practice exercises
Problem Set 320m
Unit 3.2 Quiz6m
Unit 3.3 Quiz4m
Unit 3.6 Quiz8m
2 hours to complete
Auctions
The description goes here
2 hours to complete
7 videos (Total 112 min)
7 videos
4.2 Auctions: Taxonomy 14m
4.3 Bidding in Second-Price Auctions 6m
4.4 Bidding in First-Price Auctions 13m
4.5 Revenue Equivalence 40m
4.6 Optimal Auctions 21m
4.7 More Advanced Auctions 12m
5 practice exercises
Problem Set 418m
Unit 4.2 Quiz2m
Unit 4.3 Quiz2m
Unit 4.4 Quiz2m
Unit 4.6 Quiz2m
Reviews
4.7
TOP REVIEWS FROM GAME THEORY II: ADVANCED APPLICATIONS
by LVMay 1, 2017
Very interesting! One missing thing: please write explanations for correct/incorrect questions in quizzes. In the basic course, I found them very helpful in understanding why my reasoning was wrong.
by ASSep 10, 2016
Outstanding course on Game Theory. Provides excellent mathematical and logical treatment of the concepts and theory. A perfect stepping stone for researchers willing to pursue their research in Gam
by MPApr 15, 2017
Thank you for giving me excellent information on game theory. It is very helpful course for me. Thank you Stanford University,The University of British Columbia and Coursera.
by GVFeb 17, 2017
Great course. Nice retracing of some notions of the course Game Theory like Pareto Oprimality. Nice idea doing some examples on auctions and voting systems. Nice proofs
by AKJan 9, 2019
Brilliant mind-teaser, helps you form skills that will lead to logical thinking in strategic interplays between everyday events and even the more complex one.
by MWNov 4, 2017
A lot of the important results were covered but sometimes results came out of nowhere (for example with optimal auctions and virtual valuations).
by RRFeb 22, 2017
Overall, the course was good. Somehow, the concepts were not as clear as the basic game theory course. Definitely more advanced.
by AAMar 12, 2018
Solid through the entire course, good lectures and interesting tasks. Only missing a few explanations in some of the task.
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