Game Theory 101: What Is a Nash Equilibrium? (Stoplight Game)

Game Theory 101: The Complete Textbook on Amazon (paid link): https://www.amazon.com/Game-Theory-101-Complete-Textbook/dp/1492728152/

http://gametheory101.com/courses/game-theory-101/

This lecture gives an intuitive explanation of economics concept known as /”Nash equilibrium/” using traffic signals as an example.

To preempt confusion, the book now costs more because it is five times as long. Sorry this is outdated, but I can’t rerecord the audio.

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