Topic 2: Simultaneous Games

Review

• Fall 2026 Topic 2 Lecture Notes
• Self-test:
  definitions, dominant strategies, best replies
• Self-test:
  simultaneous games

Games

• Game schedule
• Game Results:
• Game 2 (11:00 am)
• Game 2 (12:30 pm)
• Game 3 (11:00 am)
• Game 3 (12:30 pm)
• Game 4 (11:00 am)
• Game 4 (12:30 pm)

Readings

Dominant Strategies

• Dominant / dominated strategies explanation
• Dominant strategies and rational pigs

Nash Equilibrium

• How to find equilibria

The Prisoner's Dilemma

• From tradition to prisoner's dilemma in Japan.
• Cheating as a dominant strategy: inside the OPEC+ cartel
• Videos:
  • Game show prisoner's dilemma for $160,000.
  • A Beautiful Mind

Changing the Game

• Warren Buffett's 2000 plan to reform campaign finance (pdf)
• The weirdest Split or Steal game ever:
  • Watch it first
  • How one player bBrief article about the game