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We ask what kinds of strategies are evolutionarily stable, and how this idea from biology relates to concepts from economics like domination and Nash ...

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Then we play and analyze Schelling's location game.Look at my webpage :: The Word Point Translation Service - article!This is the kind of info that should be shared around the net.(ECON 159) This course is an introduction to game theory and strategic thinking. We organize the game into players, their strategies, and their goals or payoffs; and we learn that we should decide what our goals are before we make choices. At the start of the lecture, we introduce the "formal ingredients" of a game: the players, their strategies and their payoffs.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. Then we return to the main lessons from last time: not playing a dominated strategy; and putting ourselves into others' shoes...