STRATEGIC SITUATIONS
Rationality Psychological Factors Culture & External Factors
hdiridhdynfn.ngi.m.gg#SoLVEslSSUES&Payoffs
Outward Preferences Social Norms
COMMUNICATION
Factors Preferences fairness Perception Cultural Differences #
Morals
Theory Theory
Methods Game Theory Experiments
Experiments
Observations
, GAME THEORY
Game Components
Nash Equilibrium #STABLE SITUATION
Types of Games
Simultaneous Move Games
Prisoner's Dilemma #COOPERATION SITUATION #INCREDIBILITY
P2 Action Set # DEFECT # COOPERATE
C D
C 5 50 no
Outcomes ✗ ✗
^ ^ I
P1
☐
yo o z
,z
Payoffs ✗ ✗ #EQUILIBRIUM #AGREEMENT
,
Battle of Sexes #COORDINATION SITUATION #CREDIBILITY
P2
L R
INCENTIVES
L 5 5 o o #
' ' ALIGNED
P1
R O
? ?
o
Public Goods Game #CONTRIBUTION
Common Resource Pool Game #EXTRACTION
Game Components
Dominant strategy #SOCIAL DILEMMA → FREE RIDING
-
Rationality Psychological Factors Culture & External Factors
hdiridhdynfn.ngi.m.gg#SoLVEslSSUES&Payoffs
Outward Preferences Social Norms
COMMUNICATION
Factors Preferences fairness Perception Cultural Differences #
Morals
Theory Theory
Methods Game Theory Experiments
Experiments
Observations
, GAME THEORY
Game Components
Nash Equilibrium #STABLE SITUATION
Types of Games
Simultaneous Move Games
Prisoner's Dilemma #COOPERATION SITUATION #INCREDIBILITY
P2 Action Set # DEFECT # COOPERATE
C D
C 5 50 no
Outcomes ✗ ✗
^ ^ I
P1
☐
yo o z
,z
Payoffs ✗ ✗ #EQUILIBRIUM #AGREEMENT
,
Battle of Sexes #COORDINATION SITUATION #CREDIBILITY
P2
L R
INCENTIVES
L 5 5 o o #
' ' ALIGNED
P1
R O
? ?
o
Public Goods Game #CONTRIBUTION
Common Resource Pool Game #EXTRACTION
Game Components
Dominant strategy #SOCIAL DILEMMA → FREE RIDING
-
