Understanding Economics: Game Theory

Strategic predicaments like this “prisoner’s dilemma” operate in practically every sphere of life but especially in economics, where competition, price, profit, the quest for market power, and other factors make the marketplace an endlessly interesting arena for game theory. This course introduces you to the fundamentals of this fascinating subject through the lens of economics in 12 entertaining half-hour lessons taught by Professor of Economics Jay R. Corrigan of Kenyon College.