Token Economics: Blockchain Physical Assets Why learn token economics? Students should take this course if they wish to understand the benefits of asset tokenization, which assets should be tokenized, and when tokenization is being used as a gimmick. A clear understanding of token economics is useful for anyone who wants to buy, sell, or trade digital assets; consider tokenizing their company’s assets; or work in the blockchain industry. Understanding the token economy ? Learn online on your own schedule. ? 27-part course will cover principle fundamentals and token-specific, actionable knowledge. ? Lessons are in-depth research into the tokenized economy. ? No previous economics knowledge necessary; this course is beginner-friendly. ? No hype, no sales pitches, no bullshit, just good, unbiased, research-backed knowledge. This course is an introduction to the new area of token economics, otherwise called crypto economics, which is the study and design of economic systems based on blockchain technology. This is a course on both the study, analysis, and design of token economies and the relevance of this new area given the current economic context. Content The first section deals with tokenization, asking what exactly is a token and how do they work. We firstly lay down some of the basics of distributed ledger technology and triple entry accounting before going on to talk about the process of tokenization; the conversion of any asset into a digital token. Here we will look a the two primary categories of tokens, the utility token and security token and their workings. The second section looks at decentralized organizations and the design of incentive structures. We look at how token networks can be used to remove the centralized management structure to organizations and work to better align the incentive structures of producers and end users. We touch upon game theory and talk about mechanism design; the design of incentive structures to align the interests of the individuals with the whole organization within user-generated networks. The third section deals with the formation of large-scale blockchain networks that span across organizations and industries to create powerful new ecosystems. Our focus here is on blockchain as a new infrastructure for a global services economy, we talk about the workings of service networks and how they can be automated through smart contracts. Finally, in this section, we look at service-oriented architecture as an important design pattern to these emerging service networks. The last section of the course is dedicated to the growth and development of token economies. Recently we have seen the rise of initial token offerings as a new model for bootstrapping these economies, we look at the dynamics ... https://www.youtube.com/watch?v=-1ud5XTy9HQ

Game Theory: Public Goods Games The game theoretical version of the social dilemma is called the public goods game. Public goods games are usually employed to model the behavior of groups of individuals achieving a common goal. The public goods game has the same properties as the prisoner’s dilemma game, but describes a public good or a resource from which all may benefit regardless of whether or not they contributed to the good. 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 #public #goods #games ... https://www.youtube.com/watch?v=4LBcSXClnv4