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HomeMIT 14.12 Economic Applications of Game Theory, Fall 2025Lecture 1: Introduction to Individual Decision-Making

Lecture 1: Introduction to Individual Decision-Making

57:16

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Lecture 2: Representation of Games

In this first lecture of the course, Ian Ball explains the basics of game theory, a mathematical framework for analyzing decision-making when the outcome depends on the actions of other people. In simpler terms, it’s interactive decision-making.