38: The Great Stratagem Heist (Game Theory: Iterated Elimination of Dominated Strategies)
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Game theory is all about decision-making and how it is impacted by choice of strategy, and a strategy is a decision that is influenced not only by the choice of the decision-maker, but one or more similar decision makers. This episode will give an idea of the type of problem-solving that is used in game theory. So what is strict dominance? How can it help us solve some games? And why are The Obnoxious Seven wanted by the police?Patreon Become a monthly supporter at patreon.com/breakingmath
38: The Great Stratagem Heist (Game Theory: Iterated Elimination of Dominated Strategies)