Beginner Level

What is Game Theory?

• Definition and significance

• Real-world applications and relevance

History and Development

• Key figures and milestones in game theory

• Evolution of the field

• 1.Topic Click here to go to the lesson.

Players

• Definition and examples

• Role of players in different types of games

Strategies

• What constitutes a strategy?

• Pure vs. mixed strategies

Payoffs

• Understanding payoffs and their representation

• How payoffs influence player decisions

• 2.Topic Click here to go to the lesson.

Simultaneous Games

• Definition and examples (e.g., Prisoner’s Dilemma, Battle of the Sexes)

• Key characteristics and solution methods

Sequential Games

• Definition and examples (e.g., Stackelberg competition, Chess)

• Concepts like backward induction and subgame perfection

• 3.Topic Click Here to go to the lesson

Definition and Concept

• Explanation of Nash equilibrium in simple terms

• Importance and implications of Nash equilibrium

Finding Nash Equilibrium

• Basic methods for identifying Nash equilibria (e.g., best response analysis)

• Worked examples and step-by-step solutions

Examples

• Simple and intuitive examples (e.g., Matching Pennies, Coordination Games)

• 4.Topic Click here to go to the lesson.

Definition

• What is a dominant strategy?

• Conditions for a strategy to be dominant

Examples

• Games illustrating dominant strategies (e.g., Prisoner’s Dilemma)

• Analysis of games with and without dominant strategies

Finding Dominant Strategies

• Techniques for identifying dominant strategies in various games

• 5.Topic Click here to go to the lesson

Introduction

• What are mixed strategies and why are they used?

• Differences between mixed and pure strategies

Basic Examples

• Simple games involving mixed strategies (e.g., Rock-Paper-Scissors)

• Calculating mixed strategy equilibria

• 6.Topic Click here to go to the lesson

Real-World Examples

• Application of game theory concepts in everyday situations (e.g., pricing strategies, auction design)

Case Studies

• Simple case studies demonstrating the application of game theory in different contexts

• 7.Topic Click here to go to the lesson

Practice Problems

• A range of problems designed to reinforce understanding of key concepts

• Step-by-step solutions for self-assessment

Interactive Simulations

• Basic simulations allowing users to experiment with different strategies and see outcomes

Quizzes

• Short quizzes to test knowledge and understanding of concepts

• Quiz:https://forms.gle/ZdWgrxEqE4TwJRNMA

• 8.Topic Click here to go to the lesson.

Beginner — Extra Resources

Books

1. The Art of Strategy: A Game Theorist’s Guide to Success in Business and Life — Avinash K. Dixit & Barry J. Nalebuff (W. W. Norton, 2008)

2. The Evolution of Cooperation — Robert Axelrod (Basic Books, 1984)

3. The Strategy of Conflict — Thomas C. Schelling (Harvard University Press, 1960)

Supplementary Paper
4. Economics and Algorithmic Game Theory — Tanzila Akbar Ali (2017)