GL
Very interesting and challenging... I wish there were more practical/real-world examples to learn the concepts but I was very glad to take this course
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. In the first week we consider the problem of aggregating different agents' preferences, discussing voting rules and the challenges faced in collective decision making. We present some of the most important theoretical results in the area: notably, Arrow's Theorem, which proves that there is no "perfect" voting system, and also the Gibbard-Satterthwaite and Muller-Satterthwaite Theorems. We move on to consider the problem of making collective decisions when agents are self interested and can strategically misreport their preferences. We explain "mechanism design" -- a broad framework for designing interactions between self-interested agents -- and give some key theoretical results. Our third week focuses on the problem of designing mechanisms to maximize aggregate happiness across agents, and presents the powerful family of Vickrey-Clarke-Groves mechanisms. The course wraps up with a fourth week that considers the problem of allocating scarce resources among self-interested agents, and that provides an introduction to auction theory. You can find a full syllabus and description of the course here: http://web.stanford.edu/~jacksonm/GTOC-II-Syllabus.html There is also a predecessor course to this one, for those who want to learn or remind themselves of the basic concepts of game theory: https://www.coursera.org/learn/game-theory-1 An intro video can be found here: http://web.stanford.edu/~jacksonm/Game-Theory-2-Intro.mp4
GL
Very interesting and challenging... I wish there were more practical/real-world examples to learn the concepts but I was very glad to take this course
AV
Great course. Very relevant to a lot of problems in business. Content was overtly mathematical. More practical examples cold have been interesting to solve.
AA
Solid through the entire course, good lectures and interesting tasks. Only missing a few explanations in some of the task.
HP
I learned strategic thinking and how to make applied that in real world with various Game Theory methods. Thanks
MP
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.
AV
This was a wonderful and very mathematically intensive course, but completing all the quizzes gave a great sense of accomplishment and developed my understanding of game theory and its various facets.
PI
The subject is quite interesting, one of my favourites, if not my favourite, in economic theory. Both this and Game Theory I had concepts I din't previous knew, with didatic explanations.
BF
The videos are good, the assignments as well, the book recommended is especially good, but it´s unfortunate that there is no feedback on assignments.
GV
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
PS
An excellent resource to learn Game Theory, I would say at a graduate level. This course helped me a lot!
QB
The course covers a lot of deep and interesting topics but some concepts are just given without proper explanation and there aren't enough exercises before writing quizzes or exams.
AK
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.
Showing: 20 of 132
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.
Better than the first course. The topics were less familiar to me, so it opened a few more doors.I still feel like the math was neglected, most of the time. I don't expect every derivation, but at least an acknowledgement of where the formulas come from if one wants to derive them himself.The graded quizzes should have provided an explanation of the correct answers, I think. Sometimes that explanation made everything clearer to me (when I got the correct by mistake or by simple elimination).I really appreciate the reading material! At least I can now follow the subject more in-depth if I want, so that's very welcome.Overall, still feels like a fairly light overview, but it's a good introduction to the subjects of mechanism design and auctions, I feel.
The beginning of this course was interesting much like Game Theory I, but the latter half of the course went over my head. It would have been helpful if problem sets and exam are given explanations after submission similar to how it was done in Game Theory I. Sometimes I have no idea how particular answers are obtained.
No proper explanations were given for any of the assignment questions, and also, in the lectures, the examples were missing. The course needs a significant improvement in terms of the content
Really enlightening class!
I now feel empowered to create project management processes that encourage truthfulness and participation of its different stakeholders in my everyday job.
I also found some very interesting parallels with the methodology of pricing and notably price elasticity, which is key when designing a new product or its associated business model.
PS: Although I understand the importance of it being mathematically formalized, I would have loved it to be sometimes more concrete (especially through exercises and quizzes).
Thank you so much,
too hard...need some analysis background
poorly explained lectures. you're better off reading a textbook
Hello, Perhaps I found it too dense and too theoretical. The theoretical part is what I liked the most and as a mathematician I loved the proofs you provided. But from my point of view it lacked some more computational examples or computational procedures. It is true that the questionnaire covered skills but not having an explained solution made it difficult to acquire these skills. I would love a short concise argumentation of each solution because as a mathematician I find this kind of argumentation the key to understand everything as a whole. Otherwise, very good teachers! I will definitely go deeper into some of the concepts you have introduced as you have encouraged me to do so in the last video. I really enjoyed the topic. Thanks again!
The course intoduces interesting notions on advanced applications of Game Theory. I particularly liked the theme of voting system and auctions. It shows that the results of the game depends very much on the condition of the game, even if the purpose of games under different conditions is the same(voting under different rules). The course also introduces notions of the strategy in auctions, that is pretty interesting. Moreover, here is shown mechanisms on how games are built actully. All lectures have examples, that makes understanding of the material easier.
I enjoyed this course quite a bit. The concepts, while very proof-heavy, could be depicted using intuitive methods of approach. And while it would have been nice for each concept to include interactive exercises- such as in Game Theory I - the repetition of quizzes and problem sets helps one to gain familiarity with the endless amount of themes and properties that get introduced each week. If you are someone that enjoys designing games or attempting to quantify human behavior, this class may offer some interesting perspectives.
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
The videos are good, the assignments as well, the book recommended is especially good, but it´s unfortunate that there is no feedback on assignments.
The exams did not explain why the wrong answers are wrong. Even after you succeed a test, I expect an explanation of the questions, and the correct answers. Even if I have a correct answer to a question, I don't know if my reasoning is correct..
The course covers a lot of deep and interesting topics but some concepts are just given without proper explanation and there aren't enough exercises before writing quizzes or exams.
Excellent! i think it shall contain more realistic examples for mechanism development and auctions
Auction theory is left to the last lecture, and the influence of voting systems on political mechanisms is barely addressed. 3 different people lecturing, with different communication skills and flaws (hesitations, over-notating, abuse of acronyms), make following the course more difficult than it needs to be. These being said, it is clear that the authors more than know their stuff (at least the theoretical part; we would like to see them perform when bargaining in a souk) and bring a lot into the course.
Way too difficult
Very interesting course! It shows some rather surprising facts for instance we cannot have perfect voting system. The beauty of game theory is it relates maths theories and real-life social economical problems nicely. The lecture itself is comprehensive and well-explained. However some content related to revenue equivalence and virtual valuation in the final exams are not covered in the lecture clips. It would be nice to include it in the lecture or provide some guidance on how to access relevent learning materials.
Tremendous course, presented by some of the best in the business. Thank you to everyone involved. I’m delighted I undertook this challenge and proud to have persevered - has been 12 hard weeks (Game Theory I and II) balancing work, family, exercise, lockdown life and studying. And those darn difficult weekly tests! Course content is excellent; I’ve immensely enjoyed the knowledge and stretching my grey matter. Hope to be able to use the new insights profitably. And am most proud of my Stanford certificates.
The quality of the course is really high and I found it quite demanding, which is nice after the first course. It forces you to focus, review and think deeply about the meaning of the concepts. The exams are well-defined and they test properly the units. Some points aren't perfectly explained but that might be because the requirements for this course are quite high. Someone that is not used to mathematical notation would easily lose the track of the lessons. I hope that there'll be soon a Game Theory III.