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Game Theory
More On Golden Balls, And The Best Lesson In Game Theory Ever…
The Prisoners’ Dilemma is a classic problem in economics with a clear theoretical outcome of non-cooperation. In practice, however, people are sometimes “nicer” than economists predict…and apparently this makes the game interesting enough to make a game show about . (Yes, I have been fascinated by this for going on two and a half years now.)Lessons from the Prisoner's Dilemma: An Interactive Tutorial: Index
An interactive tutorial by Martin Poulter , April 2003 The Prisoner's Dilemma is a simple game in which there is a tension between individual interests and the common good. It has been studied in Economics, Philosophy and Machine Learning, and its lessons are potentially crucial for understanding human relations, evolution and morality. This tutorial has been created to allow people to play the game against a variety of computer opponents, and to demonstrate the educational potential of simple interactive Web pages in Javascript. This tutorial uses Javascript and Style Sheets: If you have a fairly modern Web browser, you should have no trouble with the interactive features.Graphic representations of various concepts in microeconomics (e.g. monopoly, consumer and producer surplus, Edgeworth Box), macroeconomics (e.g. Solow growth model, Keynesian cross, Lorenz Curve and Gini coefficient), game theory (e.g. Nash equilibrium in 3x3 game, binomial tree) and financial theory (e.g. net present value, price-yield curve). Submitted by various authors in Mathematica, with short explanation of underlying theory, and options to manipulate the diagram by changing the different variables.
Interactive Tutorials in Game Theory
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