Economics ECON S - 1941 Study Guide - midterm Guide: Extensive-Form Game, Stanley Kubrick, Black Comedy

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16 Dec 2021
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For tutorial 2, read book chapter 14. 3 (ed. 6: 14. 3 excluding the section on repeated games on page 498; we will get to repeated games in more detail later). Theory notes part 2 as well as lecture 2 slides (you find both on eleum ). As mentioned during the lecture, the field of game theory started in america as an attempt to understand the strategic interactions with the soviet union during the cold war. Strangelove, a famous black comedy dedicated to this topic. In this exercise we will try to see what game theory can teach us about this type of strategic interaction. In preparation for the discussion do the following: read the plot of dr. Strangelove on en. wikipedia. org/wiki/doctor_strangelove (you can as well watch the movie!) Based on the plot of the movie, let us see what would happen in a very stylized game between us and ussr (2 players).

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