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Game Theory 101 (#23): Commitment Problems
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Game Theory 101 Full Course - Game Theory 101 (#23): Commitment Problems

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18 learners

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This course includes

  • 13.5 hours of video
  • Certificate of completion
  • Access on mobile and TV

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Game Theory 101: The Complete Textbook on Amazon: https://www.amazon.com/Game-Theory-101-Complete-Textbook/dp/1492728152/ http://gametheory101.com/courses/game-theory-101/ It's a hot day. A police officer pulls you over and asks to search your vehicle. If you refuse, he can call a K-9 unit in to sniff around. It will take the K-9 a half hour to arrive. "Just let me conduct a quick search of your vehicle. It will be better for both of us," the officer tells you. Should you wait for the dog or give the officer permission to search? I actually faced this situation in real life. If you want to learn more about it--and how commitment problems relate to civil war--check out this lecture: http://www.youtube.com/watch?v=xOEvRzolBsE

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