Lecture 1: Introduction to Individual Decision-Making // TRAIN BRAIN

Lecture 1: Introduction to Individual Decision-Making

MIT 14.12 Economic Applications of Game Theory, Fall 2025
Instructor: Ian Ball
View the complete course: https://ocw.mit.edu/courses/14-12-economic-applications-of-game-theory-fall-2025/
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In this first lecture of the course, Ian Ball explains the basics of game theory, which is a mathematical framework to analyze decision-making when the outcome depends on the actions of other people. In simpler terms, it's interactive decision-making.
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