Compilation of important game theory models

Some simple game theoretic models with solutions

Solution concepts

  • nash equilibrium
    • mixed nash equilibrium
    • iterated nash equilibrium
  • replicator dynamics/ess
  • what do humans do

Games

Prisoner's Dilemma

  • Iterated version is solvable
  • ESS and Axelrod experiments
  • Stag hunt
    • Coordination
    • Tend to see lots of hype and bluster (aka Silicon Valley)
  • Driving
    • Stag hunt but with multiple "good" outcomes
    • Schelling points
  • Chicken
    • Credible commitment
    • Simultaneous vs sequential games
    • Hawks and doves replicator dynamics
  • Pie slicing
    • No nash equilibrium
    • Tend to see lots of negotiating and instability
  • Soccer
    • Rules
      • Simultaneous game played between the kicker and the goalie
      • Kicker kicks right or left, goalie dives right or left
      • If kicker kicks left (or right) and goalie dives left (right), the kicker wins. Otherwise the goalie wins.
    • Mixed strategies
  • Lemons
    • Asymmetric information
  • Nim
    • Zugzwang
  • Mexican Standoff
    • Truel
  • Ponzi
    • Is there a nontrivial Nash equilibrium here?
  • Money auction
    • I hold an auction for a $20 bill, but you have to pay you bid whether you win or not.
  • Lottery auction
    • Winner's curse
  • Non zero-sum games
    • Some cash transfer will lead to the highest sum option
  • Smart cow
    • conjunctive vs disjunctive victory conditions
    • FUD strategies