Goal. Surface the idea of a strategy and of reasoning about what others will do, and use the result to motivate the difference between normal form and extensive form games.
Play the 2/3 of the average game. Use Menti to collect each student's number, then reveal the distribution and the winning value (2/3 of the mean). Play a second round and ask students to explain how and why their number changed.
Discuss the Games chapter.
Discussion Point: After showing the definition for an extensive form game and a normal form game, ask what type of game the 2/3 of the average game is.
Discussion Point: After the definition of a strategy, ask what a strategy would look like for the 2/3 of the average game.
Discussion Point: After the definition of a strategy in an extensive form game, ask how we could modify the 2/3 game to be an extensive form game and what a strategy would look like.
This activity feeds into the Nash equilibrium material. Use Question 1 (the in-class activity) on the Nash Equilibrium page to show students how the ideas here become a full-mark exam answer.
General email templates to send before and after this class. Fill in the bracketed placeholders before sending.
Hi all,
A reminder that our next Game Theory class covers Games.
All of the course materials, including the relevant chapter, are available
at https://vknight.org/gt/. It is worth skimming the chapter beforehand.
See you in class,
Vince
Dear all,
Thanks for your work in today's class on Games.
A recording is available here [RECORDING LINK] and on Learning Central.
All class resources are available at https://vknight.org/gt/.
Thanks,
Vince