This lecture deals with Game Theory and Psychology of Decision Making.
In this lecture we will:
- Meet the Nobel Prize laureate John F Nash and familiarize ourselves with his celebrated equilibrium
- Learn the basic ideas of the Art of Negotiation
- Learn about the importance of cooperation
- Introduce the world champion in strategic thinking
- Learn how statistics bolster lies
- Partake in John Maynard Keynes’s "Beauty Contest" Competition and study its association with stock trading