LBRY Block Explorer

LBRY Claims • game-theory-social-dilemma

007f8bc89e2f8bcada7bf49680b494c65ec259d3

Published By
Created On
26 Jun 2020 22:28:23 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
Game Theory: Social Dilemma
Game Theory: Social Dilemma


The social dilemma captures the core dynamic within groups requiring collective action, where there is a conflict between an individual’s immediate personal or selfish interests and the actions that maximize the interests of the group. At the heart of social dilemmas lies a disjunction between the costs to the individual and the cost to the whole, or benefits to the individual and benefits to the whole. We call this value that is not factored into the cost-benefit equation of the individual an externality, and it is externalities that create the disjunction between the parts and whole and result in the dilemma.


Take free online game theory courses to build your skills and advance your career. Learn the principles behind game theory, behavioral economics and other in-demand subjects with these courses.

Introduction, overview, uses of game theory, some applications and examples, and formal definitions of: the normal form, payoffs, strategies, pure strategy Nash equilibrium, dominant strategies.

This course is an introduction to game theory and strategic thinking. Ideas such as dominance, backward induction, Nash equilibrium, evolutionary stability, commitment, credibility, asymmetric information, adverse selection, and signaling are discussed and applied to games played in class and to examples drawn from economics, politics, the movies, and elsewhere.

You can find complete course here: https://www.youtube.com/watch?v=N3ViZYuDsVM&list=PLERuqH6mOSZQc1tWaS6FMEqWSdb613lMv

Courtesy: Systems Innovation
Usage: Usage: Public Domain (https://creativecommons.org/licenses/publicdomain/)


#gametheory #social #dilemma
...
https://www.youtube.com/watch?v=vVlV00twuug
Author
Content Type
Unspecified
video/mp4
Language
English
Open in LBRY

More from the publisher

Controlling
VIDEO
CRITI
Controlling
VIDEO
MOTIV
Controlling
VIDEO
DON'T
Controlling
VIDEO
CREAT
Controlling
VIDEO
IN TH
Controlling
VIDEO
CARDI
Controlling
VIDEO
NATUR
Controlling
VIDEO
HOW B
Controlling
VIDEO
20 SK