Hands-On Microeconomics: a primer in Game Theory. from Udemy

Overview

I found a super engaging online course that dives deep into non-cooperative game theory. It’s cool because it uses a hands-on approach, which means you’ll be solving real examples to help grasp main concepts. You’ll be playing around with well-known normal form games like matching pennies, the prisoners’ dilemma, and the game of chicken, while learning about Nash equilibrium, dominated strategy elimination, and repeated games.

But wait, there’s more! The course also touches on sequential games by employing extensive form based on game trees, taking you through subgame perfect equilibrium. And as a cherry on top, you’ll even learn about the application of game theoretical concepts to real-world situations, such as Cournot and Stackelberg duopoly, and the instability of a cartel. Expect to come out of this course with a bunch of new conversational game theory skills up your sleeve!

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Skills you’ll learn

1. Understanding non-cooperative game theory concepts
2. Analyzing normal-form games (e.g., matching pennies, prisoners’ dilemma)
3. Applying Nash equilibrium in pure and mixed strategies
4. Utilizing the elimination of dominated strategies
5. Exploring repeated games
6. Grasping sequential games through extensive form and game trees
7. Implementing subgame perfect equilibrium
8. Evaluating outcomes of Cournot and Stackelberg duopoly, and cartel instability

Summary

Delve into the fascinating world of Game Theory with the highly-rated Hands-On Microeconomics course. Expert instructor, Luigi Ventura, skillfully guides 369 eager students through 21 engaging lessons. With an impressive 4.5-star rating, this educational experience promises to enlighten and inspire.