Video Lectures on Epistemic Game Theory

In 2013, my lectures on Epistemic Game Theory at Maastricht University have been recorded. You can watch the videos of these lectures below. The idea is that in the near future, we will offer an online course on Epistemic Game Theory, where these videos will serve as a basis.

The course is based on my textbook Epistemic Game Theory: Reasoning and Choice, which has been published in 2012 by Cambridge University Press.

 

Below, you find an outline of this course, and the video recordings of the lectures.

*************************************************************************************************

Part I : Standard Beliefs in Static Games

Common Belief in Rationality (Based on Chapters 2 and 3 of my book)

Video Lecture 1

Video Lecture 2

What is game theory about

Example: Where to locate my pub

Example: Going to a party

Choosing rationally

Belief hierarchies

Epistemic model

Common belief in rationality

Existence

Algorithm

Simple Belief Hierarchies (Based on Chapter 4 of my book)

Video Lecture 3

Video Lecture 4a

Video Lecture 4b

Simple belief hierarchies

Nash equilibrium

Computational method

Belief that opponents hold correct beliefs

Part II : Lexicographic Beliefs in Static Games

Primary Belief in the Opponent’s Rationality (Based on Chapter 5 of my book)

Video Lecture 5

Video Lecture 6

Cautious reasoning about the opponent

Lexicographic beliefs

Belief hierarchies and types

Cautious types

Primary belief in the opponent’s rationality

Common full belief in “primary belief in rationality”

Existence

Weakly dominated choices

Algorithm

Respecting the Opponent’s Preferences (Based on Chapter 6 of my book)

Video Lecture 7

Video Lecture 8

Respecting the opponent’s preferences

Common full belief in “respect of preferences”

Existence

Why elimination of choices does not work

Preference restrictions and likelihood orderings

Algorithm

Assuming the Opponent’s Rationality (Based on Chapter 7 of my book) 

Video Lecture 9

Video Lecture 10 

Assuming the opponent’s rationality

Common assumption of rationality

Algorithm

Part III: Conditional Beliefs in Dynamic Games

Belief in the Opponents’ Future Rationality (Based on Chapter 8 of my book) 

Video Lecture 11

Video Lecture 12 

Belief revision Dynamic games

Conditional beliefs Epistemic model

Common belief in future rationality

Algorithm Backwards order of elimination

Backward induction

Strong Belief in the Opponents’ Rationality (Based on Chapter 9 of my book) 

Video Lecture 13a

Video Lecture 13b

Video Lecture 14a

Video Lecture 14b 

Strong belief in the opponents’ rationality

Common strong belief in rationality

Algorithm

Comparison with backward dominance procedure