14.12 | Fall 2025 | Undergraduate

Economic Applications of Game Theory

Lecture 1: Introduction to Individual Decision-Making

In this first lecture of the course, Ian Ball explains the basics of game theory, a mathematical framework for analyzing decision-making when the outcome depends on the actions of other people. In simpler terms, it’s interactive decision-making.

Course Info

Fall 2025
Exams
Lecture Notes
Lecture Videos
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