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Introduction to Game Theory - Jonathan Anomaly

Prof. Jonathan Anomaly introduces the basics of game theory and modeling strategic situations. Topics covered include: how to construct a payoff matrix to model a game, the concept of a Nash equilibrium, and the concept of Pareto improvements. It also gives brief examples of well-known games, such as coordination games. This video is first in a series about the basics of game theory, and is also part of a larger series on foundational topics in Philosophy, Politics, and Economics (PPE). Videos in the series feature six professors who teach in university PPE programs. Watch the rest of the videos in the Game Theory playlist here:    • Game Theory - Philosophy, Politics, and Ec...   Watch all 23 videos in the PPE series here:    • Philosophy, Politics, and Economics (PPE) ...   For additional curriculum resources, including suggestions for further readings on each topic, visit our website: https://theihs.org/ppe/ Subscribe to our channel to see upcoming videos: https://www.youtube.com/c/TheIHSorg?s... The Institute for Humane Studies supports and partners with professors to promote the teaching and research of classical liberal ideas and to advance higher education’s core purpose of intellectual discovery and human progress. About Us: https://theihs.org/who-we-are/ Twitter: https://twitter.com/theihs?lang=en Facebook:   / instituteforhumanestudies   LinkedIn:   / instituteforhumanestudies   Instagram:   / theihs