The University of Tokyo

Welcome to Game Theory

96,270 already enrolled

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Course

Gain insight into a topic and learn the fundamentals

Michihiro Kandori

Instructor: Michihiro Kandori

4.7

(1,945 reviews)

Beginner level
No prior experience required
20 hours to complete
3 weeks at 6 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • The reason why we need game theory to analyze social problems

  • Nash equilibrium as a unified solution concept and the reason why players come to play Nash equilibrium

  • The relationship between intellectual capacity of players and Nash equilibrium

  • The relationship between the rationality of individuals and socially desirable outcomes

Details to know

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Assessments

20 quizzes

Taught in English

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There are 4 modules in this course

Is it possible to analyze a wide variety of social and economic problems using a unified framework? In the first module, we address this question. We will see that the concept of rational decision making is useful, but it is not quite sufficient to provide governing principles. Motivated examples and some history of game theory will be provided. You will also be asked to play a simple card game to see how it feels to make your decisions strategically.

What's included

12 videos6 readings5 quizzes

The basic solution concept of game theory is Nash equilibrium. In Module 2, we try to understand this central concept through various examples and ask the following crucial question: how do players come to play a Nash equilibrium?

What's included

10 videos1 reading5 quizzes

In Module 3, we will dig deeper into the relationship between rationality and Nash equilibrium. We will consider the whole spectrum of possible intellectual capacities of players, spanning the range from unlimited ability for sophisticated reasoning to absolute zero intelligence. In the end, you will see that Nash equilibrium can emerge under a fairly wide range of intellectual capacities of players.

What's included

9 videos3 readings5 quizzes

The final module is devoted to the most important and most general message of game theory: rational behavior quite often leads to a socially undesirable outcome. We will first try to understand the basic reason for this, and then see how this insight of game theory has made fundamental impacts in the natural and social sciences. Finally, we will learn some general methods to overcome this problem.

What's included

11 videos2 readings5 quizzes

Instructor

Instructor ratings
4.8 (384 ratings)
Michihiro Kandori
The University of Tokyo
1 Course96,270 learners

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4.7

1,945 reviews

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