Lecture 24- Asymmetric Information: Auctions and the Winner's Curse by Yale Open Courses ECON 159: Game Theory | Podchaser

Episode from the podcastYale Open Courses ECON 159: Game Theory

Lecture 24- Asymmetric Information: Auctions and the Winner's Curse

Released Friday, 8th June 2018

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Lecture 24- Asymmetric Information: Auctions and the Winner's Curse

Lecture 24- Asymmetric Information: Auctions and the Winner's Curse

Friday, 8th June 2018

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About the CourseThis course is an introduction to game theory and strategic thinking. Ideas such as dominance, backward induction, Nash equilibrium, evolutionary stability, commitment, credibility, asymmetric information, adverse selection, and signaling are discussed and applied to games played in class and to examples drawn from economics, politics, the movies, and elsewhere.Course StructureThis Yale College course, taught on campus twice per week for 75 minutes, was recorded for Open Yale Courses in Fall 2007.https://oyc.yale.edu/economics/econ-159

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