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Game Theory 101 (#34): Rock Paper Scissors
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Game Theory 101 Full Course - Game Theory 101 (#34): Rock Paper Scissors

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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/ You have probably played rock paper scissors at some point in your life. This video looks at the straightforward strategic form of the game and uses our knowledge from matching pennies to correctly guess the game's mixed strategy Nash equilibrium. However, slight tweaks to the payoff structure prevent us from accurately guessing the equilibria. As a result, we will have to learn how to find mixed strategy Nash equilibria that utilize more than two pure strategies. We will work toward this goal with the remainder of the unit.

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