Game Theory (Micro)
6.3 Brides for Seven Brothers (8/31/1999)
Sex-selective abortions in China, South Korea, and Taiwan have resulted in excess of male over female births.
Aborting White Flight (11/1/2000)
An ethnically integrated neighborhood may not come about or persist if it is not reinforced by deliberate intervention.
Battles of Standards (5/9/2006)
Winners in the battle among proprietary standards can keep out competitors and lock in existing customers
Coordination Game and Congestion Game (11/2/2011)
Multi-party coordination game and congestion game.
Critical-mass Game and Gender Preference Game (11/2/2011)
Multi-party binary-choice games.
Fat Nation (9/3/2005)
Through innocent pursuit of self-interests, Americans have grown fat with the food industry.
Games Are Serious and Ubiquitous (7/7/2006)
In game-theoretic situations, organization and coordination are needed to ensure the compatibility of individual and group interests.
Games people play (transcript) (3/27/2007)
Narrated lecture on multi-party games involving binary choices.
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.
Lending an Invisible Hand (11/30/2010)
The efforts to polish my resume for selfish reasons ended up helping many worthy causes.
On Your Mark. Get Set. Scrub! (11/30/2010)
When the majority chooses the “right” choice, it pays off to choose the “left,” especially when it comes to personal hygiene.
Please Sit Down! (8/22/2012)
A prisoner's dilemma results when people compete for limited positional goods. Individually smart, but collectively dumb.
Prisoner's Dilemma (11/2/2011)
Individually smart, collectively dumb.
Rebate Coupons (9/11/2007)
Mail-in rebate coupons succeed in promoting sales at relatively low cost because of low redemption rates.
Right Priority (9/11/2007)
Inconsistent or unclear traffic rules in Belgium have turned a co-ordination game into a game of chicken.
Systems Competition and Network Effects (9/26/2000)
A dominant network based on a near universal standard can internalize a great deal of system externality to the benefits of network users and can persist even in the face of technically superior competing networks.
The Evolution of Defectors and Cooperators (8/13/1999)
There is selective advantage in being always honest even when it may be disadvantageous to do so at times.
Tipping the Scales (1/16/2006)
Tipping for service is a social custom that traps everybody into a collectively inferior position.
Tragedy of the Commons (11/2/2011)
Unlimited entry could easily lead to over-exploitation of commons resources.
Who Is Over a Barrel? (1/20/2015)
The impact of low oil prices on oil output depends on the cost structures of different types of oils.
Who Sets the Curve? (11/22/2003)
Even though extra study time will improve only one's absolute position but not one's relative position in the grading curve, competitive pressure will ensure that any agreement to not out-study each other will be broken.