Keyword: PD game

Invisible-hand Game and Prisoner's Dilemma Game (11/2/2011)

Games involving binary choices can be better illustrated with N number of players rather than just two players. The invisible-hand game and the prisoner's dilemma game are featured examples in this first in a series of 3 video lectures on game theory.

Keywords: binary choices, game theory, invisible hand game, payoff matrix, PD game, prisoner's dilemma