THANKS!
In video 5, why is it important to define "dominant strategy" as "this line always gives the greatest value" as opposed to "greater or equal value"?
Would it be somehow wrong for Player One here to say "I don't care what happens, I pick B, because there is never a reason not to"? If not, then why treat this case differently?
EDIT: Okay, I got it. There is no difference for Player One, but may be a difference for Player Two in that they might be unable in some situations to predict Player One's move (which doesn't influ...
I made a series of game theory videos that carefully go through the mechanics of solving many different types of games. I optimized the videos for my future Smith College game theory students who will either miss a class, or get lost in class and want more examples. I emphasize clarity over excitement. I would be grateful for any feedback.