Published On Jan 14, 2021
Hi Everyone, this video is intended as an introductory video to Simultaneous Move Games in Game Theory. I review the set-up of a game, Nash Equilibrium, Dominant Strategies and Dominant Strategy Equilibrium.
See here for a video showing three other examples of simultaneous move games, including some without dominant strategies: • Game Theory: Three Examples of Simult...
Here is one example without a Nash equilibrium: • A Simultaneous Move game with no Nash...
Introduction 0:00
Set-up of Simultaneous Move Games 0:27
Nash Equilibrium - Finding Best Responses 1:47
Mary's Dominant Strategy 3:25
Harley's Dominant Strategy 4:34
Finding Nash equilibrium from Best Responses 5:00
Dominant Strategy Equilibrium 6:28
Review 6:47
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