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Keyword: invisible hand 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

Lending an Invisible Hand (11/30/2010)

The efforts to polish my resume for selfish reasons ended up helping many worthy causes.

Keywords: Adam Smith, collective good, game theory, group interest, invisible hand game, self-interest