Further viewing

Here is a video on how to find the Nash equilibrium:

There are some really famous of game theoretic concepts being presented in popular culture. Here are some of my favourite examples. Try to guess which concept is on display:

Finally, here are some optional recommendations, depending on your level of interest and time constraints:

• The Evolution of Trust is a brilliant website that allows you to play PD games and see alternate strategies
• A simple newspaper article is “Playing games with the planet“, The Economist, September 29th 2007.
• A short account of the ultimatum game is Poundstone, W., (2011) “Ultimatum Game” from Priceless: The Hidden Psychology of Value, One World.
• A nice chapter-length overview is presented in Chapter 2 of Ariel Rubinstein’s “Economics Fables” (Open Book, 2014).
• An academic approach to constructing analytic narratives is “Modeling Complex Historical Processes with Analytic Narratives” by Margaret Levi. This would be the first start to attempting to utilise Game Theory to tell corporate stories.
• A good book-length account is “The Prisoner’s Dilemma” by William Poundstone (Anchor, 1993)
• For a standard textbook get “Games of Strategy“. I use the Dixit, A., and Skeath, S., (Norton, 1999) edition. The latest is Dixit, A., and Skeath, S., and Reiley, D., (Norton, 2014, 4th ed.).
• A thorough online course is Strategic Game Theory for Managers, by Robert Marks. (Also see Game Theory and Business Strategy by Mike Shor).