Decisions, Games, and Rational Choice

Free, no sign-up neededSpring 2008English

About this course

Foundations and philosophical applications of Bayesian decision theory, game theory and theory of collective choice. Why should degrees of belief be probabilities? Is it always rational to maximize expected utility? If so, why and what is its utility? What is a solution to a game? What does a game-theoretic solution concept such as Nash equilibrium say about how rational players will, or should, act in a game?

Description from MIT OpenCourseWare.

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