Game Theory Explained

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This podcast takes on the intimidating ‘Game Theory’ and presents it in simplified form. Everything ranging from interviews with famous professors to analysis of real life applications of Game Theory.

Ishita Mehra


    • Jan 26, 2022 LATEST EPISODE
    • infrequent NEW EPISODES
    • 11m AVG DURATION
    • 29 EPISODES


    Latest episodes from Game Theory Explained

    Prof. Aumann on Nuclear Bombs Keeping Peace (part 3/4)

    Play Episode Listen Later Jan 26, 2022 11:48


    Prof. Aumann talks about the Paradox of Nuclear Bombs causing World Peace.

    Prof. Aumann on The '05 Economics Nobel Prize (part 2/4)

    Play Episode Listen Later Dec 14, 2021 13:10


    Prof. Aumann recalls his cited works in The '05 Economics Nobel Prize, and sings us a song describing the future of the field.

    Prof. Aumann on Israeli Military Strategy (part 1/4)

    Play Episode Listen Later Dec 4, 2021 11:00


    Prof. Aumann shares his take on Israeli Military Strategy, the study of knots and his simple philosophy in life: "If I want to do something, I do it."

    Prof. Maitreesh Ghatak on Laissez-Faire vs Dirigisme (part 3/3)

    Play Episode Listen Later Aug 29, 2021 12:35


    Prof. Maitreesh Ghatak shares his views on Laissez-Faire vs Dirigisme in a developing economy, and the level of intervention policymakers plan depending on the development in the country.

    Prof. Maitreesh Ghatak on Incentives in Bribery (part 2/3)

    Play Episode Listen Later Aug 22, 2021 9:09


    Professor Maitreesh Ghatak shares his views on Incentives in Bribery and corruption.

    Prof. Maitreesh Ghatak on Joint Liability in Microfinance (part 1/3)

    Play Episode Listen Later Aug 15, 2021 12:13


    Professor Maitreesh Ghatak shares his insights on Joint Liability in microcredit and microfinance, and gives a basic introduction to the problem of bribery.

    Dr. Robert Simon on Politics and Game Theory (part 3/3)

    Play Episode Listen Later Aug 8, 2021 9:58


    Dr. Robert Simon shares his take on Game Theory behind politics, social institutions, dictatorships and God.

    Dr. Robert Simon on Banach-Tarski Paradox (part 2/3)

    Play Episode Listen Later Aug 1, 2021 16:44


    Dr. Robert Simon shares his views on the Banach-Tarski Paradox, Myopic Equilibria and Computational applications of Game Theory.

    Dr. Robert Simon on Stochastic Games (part 1/3)

    Play Episode Listen Later Jul 24, 2021 16:52


    Dr. Robert Simon discusses his three favourite types of non-zero sum games - Stochastic Games, Repeated Games and Bayesian Games.

    Prof. Ratul Lahkar on Social Equilibrium Problem (part 3/3)

    Play Episode Listen Later Jun 27, 2021 16:31


    Prof. Ratul Lahkar talks about Social Equilibrium Problem and significance of social elements in evolutionary game theory.

    Prof. Ratul Lahkar on War of Attrition (part 2/3)

    Play Episode Listen Later Jun 21, 2021 11:04


    Professor Ratul Lahkar shares his insights on a particular evolutionary Game Theory game known as War of Attrition.

    Prof. Ratul Lahkar on Evolutionary Game Theory (part 1/3)

    Play Episode Listen Later Jun 13, 2021 15:36


    Prof. Ratul Lahkar talks about the differences between classical and evolutionary Game Theory.

    Prof. Debasis Mishra on Vickrey-Dutch Procurement Auctions (part 3/3)

    Play Episode Listen Later Jun 6, 2021 16:10


    Professor Debasis Mishra talks about ascending and descending price auctions along with vickrey auctions.

    Prof. Debasis Mishra on Top Trading Cycle Algorithm (part 2/3)

    Play Episode Listen Later May 30, 2021 14:12


    Professor Debasis Mishra gives us greater insight into matching theory by describing the two facets- Gale-Shapley and TTC.

    Prof. Debasis Mishra on Gale-Shapley Deferred Acceptance Algorithm (part 1/3)

    Play Episode Listen Later May 23, 2021 13:31


    Professor Debasis Mishra talks about the Gale-Shapley Deferred Acceptance Algorithm and Matching Theory.

    Prof. Parikshit Ghosh on Second Highest Bidder Auctions (part 3/3)

    Play Episode Listen Later May 16, 2021 10:37


    In this episode, professor parikshit Ghosh talks about auction theory, its types and advantages.

    Prof. Parikshit Ghosh on Cheap Talk Games (part 2/3)

    Play Episode Listen Later Apr 25, 2021 13:32


    Professor Parikshit Ghosh talks about cheap talk games, signalling games and moral limits of markets.

    Prof. Parikshit Ghosh on Nash Bargaining Theorem (part 1/3)

    Play Episode Listen Later Apr 18, 2021 12:31


    Professor Parikshit Ghosh gives an insight into behavioural economics, oligopolies and the Nash Bargaining Concept.

    Prof. Arunava Sen on Voting Design (part 3/3)

    Play Episode Listen Later Apr 11, 2021 19:36


    This week we conclude the discussion with professor Arunava Sen and talk about voting design, social choice theory and division of inheritance.

    Prof. Arunava Sen on Auction Theory (part 2/3)

    Play Episode Listen Later Apr 4, 2021 18:14


    In this week's episode, we continue the discussion with professor Arunava Sen on Auction Theory, The judgment of King Solomon, and games with private information.

    Prof. Arunava Sen on Mechanism Design (part 1/3)

    Play Episode Listen Later Mar 28, 2021 18:14


    Professor Arunava Sen joins us and talks about the history of Game Theory, an introduction to its application in voting and his area of expertise - mechanism design.

    Game Analysis: Poker

    Play Episode Listen Later Jan 31, 2021 7:15


    We introduce extensive form games and discuss how to play a game where the strength of other players is uncertain.

    Maxmin Strategies & Correlated Equilibrium

    Play Episode Listen Later Jan 24, 2021 7:06


    We talk about maxmin and minmax strategies, zero sum games, intuition and a correlated equilibrium system.

    Iterative Removal

    Play Episode Listen Later Jan 17, 2021 7:05


    Here, we talk about iterative removal of dominated strategies to help us predict possible outcomes of games.

    Game Analysis: Soccer

    Play Episode Listen Later Jan 10, 2021 6:39


    This weeks episode applies theoretical concepts into an actual sport, and tries to analyse the best strategies from the perspectives of goalies and kickers during penalty kicks.

    Pareto Optimality & Betting on Games

    Play Episode Listen Later Jan 3, 2021 6:18


    In this episode we explore Pareto optimality, how to bet on outcomes and when is having no strategy, the best strategy.

    Keynes Beauty Contest Game

    Play Episode Listen Later Dec 27, 2020 7:20


    In this episode we explore the traditional Keynes Beauty Contest Game and the presence of strictly and weakly dominant and dominated strategies.

    Nash Equilibrium & The Stock Market

    Play Episode Listen Later Dec 20, 2020 6:02


    This episode talks about the basic building block of game theory- Nash Equilibrium, and it's application in the stock market.

    Game Theory Basics & The Prisoners' Dilemma

    Play Episode Listen Later Dec 13, 2020 5:31


    In this episode, I go over the basics of Game Theory and apply these principles to a game known as ‘The Prisoners Dilemma'.

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