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NETWORK GAME THEORY
In continuing on with our discussion on evolutionary game theory, in this video we will discuss network games.
The workings of evolution are typically told as a story of competition and the classical conception of the survival … Read the rest
REPLICATOR DYNAMICS
The Replicator equation is the first and most important game dynamic studied in connection with evolutionary game theory. The replicator equation and other deterministic game dynamics have become essential tools over the past 40 years in applying … Read the rest
COOPERATIVE STRUCTURES
As we saw in the previous chapter on evolutionary games, when everyone was playing a random strategy it was best to play a Tit for Tat strategy. When everyone was playing a Tit for Tat strategy it was … Read the rest
EVOLUTIONARY GAME THEORY
Classical game theory was developed during the mid 20th century primarily for application in economics and political science. But in the 1970s a number of biologists started to recognize how similar the games being studied were to … Read the rest
COOPERATIVE STRUCTURES
Throughout this section of the course , we have been talking about cooperation and different aspects of the social dilemma. In this video, we will look at various approaches that have been identified for fostering the cooperation required … Read the rest
The game theoretical version of the social dilemma is called the public goods game. Public goods games are usually employed to model the behavior of groups of individuals achieving a common goal. The public goods game has the same properties … Read the rest
PUBLIC GOODS GAMES
In the past ten to twenty years interest in social dilemmas has grown dramatically within many domains – particularly those resulting from overpopulation, resource depletion, and pollution.
The study of social dilemmas is one of the most … Read the rest
COOPERATIVE GAMES
Game theory is the study of interdependent interactions between adaptive agents, and when we look at these interactions between agents in the world around us we see elements of both competition and cooperation.
We see the organelles within … Read the rest
PARETO OPTIMALITY
In non-cooperative game theory, the focus is on the agents in the game and strategies that optimize their payoffs, which results in some form of equilibrium.
As we can see in the prisoner’s dilemma game the issue arises … Read the rest
SOLUTION CONCEPT
As we talked about in the last video, the central aim in non-cooperative game theory is in trying to find the optimal strategy for agents to play within a game and trying to predict the outcomes of the … Read the rest