Game Theory and Negotiation
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- čas přidán 6. 08. 2024
- Delivering the first Friedman Forum of the 2015-16 academic year, Hugo F. Sonnenschein lectured University of Chicago undergraduates on John Nash’s work on game theory, which included theories of bargaining.
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Talk starts a full 20:10 in.
Basic concepts, an intro sampler
Get to hear from a leading mind in GT presenting to undergraduates
Not an intro lesson or tutorial - previous knowledge necessary, but interesting
41:40 - in SME's you can do pretty good estimates of cost/value to opposite sides to improve bargaining
45:50 - what are terms available, what terms are meaningful, to each side? much bluff calling. poker face responses to terms that are highly or not-at-all important to you.
Referenced books:
Osborne, "An Introduction to Game Theory"
Thaler, "Misbehaving - An Introduction to Game Theory"
Gibbons, "Game Theory for Applied Economists"
I would go to the University of Chicago if it weren’t in the U.S.
I do recommend sticking out for the rest of the video despite the lengthy introduction. I didn't end up with a good understanding of the material, but many points were raised about game theory that I as a layman was not aware of.
RIP Doc. Truly a life lived.
I've lost at alot of games in life. But I learned whatever a man Sows so shall he reap. God is a rewarder of those that diligently seek him.
Why did this take so fucking long to actually start.. basically a 10 minute video with a 40 minute intro
Thanks a bunch!
It’s not the distribution of income; it’s the distribution of wealth. “A fool and his money shall soon be parted”. No amount of income redistribution will solve the problem of wealth inequality.
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Super content! Should you wish to go deeper, a similar book is an excellent guide. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
Practice
Excelencepoints of light
So it is recognition then
Banks sold low grade loans
And couldn't balance the books
Also a large bank in England and here for the stock market. Where creative debt relive existed.
So, for advice, we can always go to Opera Singers and find out what they used for black pepper to work again, and they used Trim nail filer. The rest is cleaning your blood with black pepper and pasta. So salesmen can work for hours with their customer without developing scurvy, right? In any case, it was really a matter of "help" and not putting down. People suffering with Schizophrenia are in awful physical pain and the last thing they needed was a psychiatrist who looks like the judge and you are guilty until proven innocent, but these things don't work for me, so either one has to behave more professionally taking things pretty seriously or being serious about things. What was wrong about the whole thing anyways, contaminations, I assume? If we go to people like chemists, nuclear physicist, electrician, construction worker, then you will know these things are Real when ... So, anyways, we can complicate things but nobody wants to lose a good employee...I think weight watch can help to to see how much you have cleared your body from smokes, drugs and contaminated food. #Psoriasis is a sticker.
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So many blind spots, so much framing to make his analogies work. Here’s a premise he should have started with: all brains crave endorphins. The pursuit of endorphins drives everything, but not every brain responds the same way to those endorphins. The lack of endorphins prompts depression. All economics should be founded on those basic concepts.
I made it 17 minutes. No substance, uninteresting.
JESUS CHRIST, HELP THE COLLEGE SYSTEM IT IS SOO DRY THE WAY EVERYTHING IS TAUGHT! This is why I love to learn on my own, the system made me think that this is the only way of learning/teaching.
Same here. I give up and I wish I looked at the comments first.
wow, whats with massive butt kissing intro?? does it ever end? apparently, will I be watching till it does ... nope!
It might be useful to tell the young students, or any other students involved especially in regards to the lecture, being game theory, this....!
The human civilization, (by stating so this includes everyone) has geyd, lesbianed, has jewished, christianed, muslimed, paganed, has womaned, maned, chiled, elderled, has guilted, holyed, sinned, feared, paranoid, has divorced, relationshiped, loved, hated, has tortured, plesured, snooped, has bought, robbed, stolen, has raced, colored, politiked, has crazied, experimented, hypnotized, phsychotized, and psychologised knowledge and information out anyone, woman, man, child and old, including animals.
Do not be any of this, everyone has a name. That is the only rule of the so called game theory.
Values beliefs
Me undergrade
This lecture should be more interesting. It should be a "game"
Hugo needs too much introduction. I'll watch something else
My thought exactly!