Coordination Games - Christopher Coyne

Institute for Humane Studies
Institute for Humane Studies
9.2 هزار بار بازدید - 4 سال پیش - Prof. Christopher Coyne explains what
Prof. Christopher Coyne explains what coordination games are in game theory, and how they can be used to model coordination problems. Prof. Coyne walks the viewer through some basic examples of coordination games, with a payoff matrix for each: cars choosing what side of the road to drive on, new technology adoption and the associated network effects, and the “battle of the sexes” coordination game. He then explains two potential mechanisms for helping to solve coordination problems: 1) formal standards, and 2) social conventions.

This video is part of a series about the basics of Game Theory, and also part of a larger series covering foundational topics in Philosophy, Politics, and Economics (PPE). Videos in the series feature six different professors who teach in university PPE programs. Watch the rest of the videos in the Game Theory playlist here: Game Theory - Philosophy, Politics, a...

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4 سال پیش در تاریخ 1399/07/25 منتشر شده است.
9,208 بـار بازدید شده
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