Game of chicken real life examples

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And I found the lectures on auctions, our professor's own research area, to be particularly fascinating. It is mostly first-year algebra, but the basic ideas can be well understood even if you choose not to follow the mathematics in detail. His focus is very much on the pure logic of analyzing the games, and a moderate amount of math is employed. Professor Corrigan is excellent at explaining his topic - clear, organized, and enthusiastic. Whether you find yourself drawn to it may be a good indicator of whether you will appreciate this course.) (If you have never heard of the Prisoner's Dilemma, I suggest you read about it first. The course starts with the famous Prisoner's Dilemma and develops basic analyses of various other types of games from there. In other words, a game is strategic, and game theory is the formalized study of interactions between strategic players.' By way of definition, for an economist a game 'has two or more players who choose what to do based on what they think other players will do. A Worthwhile Intro If you are attracted to math and economics, and know little about game theory, this course is a worthwhile introduction.

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