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
- Nim
- Mexican Standoff
- 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
- Non zero-sum games
- Some cash transfer will lead to the highest sum option
- Smart cow
- conjunctive vs disjunctive victory conditions
- FUD strategies