I haven’t been able to understand the topic, although, I've tried for quite some time. Such an amazingly comprehensible video with very simple language and an interesting example. Thank you for the help!
Really enjoyed your illustration of the prisoners dilemma using the pay off matrix. Very helpful too that you emphasized that the participants/players are considered rational
Very well explained , grt job 👏.I'll be appearing for my CFA 1 exam on 23 Aug, for the whole year I was not able to get this concept , after watching this video deff I am through this concept.!!!!
Well, I didn't think that It was an economics topic. I am working on an artificial intelligence research model where I will be generating human faces that don't exist in this world. To improve the accuracy I have to use this nash equilibria strategy. I didn't know about this, so to come here. Thank you @Vidhi Kalra for making this wonderful video
Derivatives is a mathematical concept but is used in a wide variety of subjects, Game Theory is an economic concept but can be used to help with AI research models.
When drug selling is considered a minor crime, then that's not a game theory anymore. But wrapping PD within 5 mins is a tough job that only a few can master it so eloquently. Brings me back the memories of my college days where we didn't play even one PD game.
Frustrated by the boring lectures of my economic professor, i was here. And now i m thanking him for those boring lectures! 😇 Jokes apart, big respect for sharing your knowledge here. 👍
Terrific exposition! If you're yearning for more, a book covering similar themes awaits. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
Hii ma'am. You teaching is wonderful. You explain each concept very easily and in a simple way. Ma'am I want ur help. I want to do a case study of oligopoly market. If u suggest me topic it will be great help for me.