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Back to Game Theory II: Advanced Applications

Learner Reviews & Feedback for Game Theory II: Advanced Applications by Stanford University

4.7
stars
641 ratings

About the Course

Popularized by movies such as "A Beautiful Mind", game theory is the mathematical modeling of strategic interaction among rational (and irrational) agents. Over four weeks of lectures, this advanced course considers how to design interactions between agents in order to achieve good social outcomes. Three main topics are covered: social choice theory (i.e., collective decision making and voting systems), mechanism design, and auctions. In the first week we consider the problem of aggregating different agents' preferences, discussing voting rules and the challenges faced in collective decision making. We present some of the most important theoretical results in the area: notably, Arrow's Theorem, which proves that there is no "perfect" voting system, and also the Gibbard-Satterthwaite and Muller-Satterthwaite Theorems. We move on to consider the problem of making collective decisions when agents are self interested and can strategically misreport their preferences. We explain "mechanism design" -- a broad framework for designing interactions between self-interested agents -- and give some key theoretical results. Our third week focuses on the problem of designing mechanisms to maximize aggregate happiness across agents, and presents the powerful family of Vickrey-Clarke-Groves mechanisms. The course wraps up with a fourth week that considers the problem of allocating scarce resources among self-interested agents, and that provides an introduction to auction theory. You can find a full syllabus and description of the course here: http://web.stanford.edu/~jacksonm/GTOC-II-Syllabus.html There is also a predecessor course to this one, for those who want to learn or remind themselves of the basic concepts of game theory: /learn/game-theory-1 An intro video can be found here: http://web.stanford.edu/~jacksonm/Game-Theory-2-Intro.mp4...

Top reviews

AV

Jul 17, 2020

This was a wonderful and very mathematically intensive course, but completing all the quizzes gave a great sense of accomplishment and developed my understanding of game theory and its various facets.

LV

May 2, 2017

Very interesting! One missing thing: please write explanations for correct/incorrect questions in quizzes. In the basic course, I found them very helpful in understanding why my reasoning was wrong.

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51 - 75 of 129 Reviews for Game Theory II: Advanced Applications

By Mikhail K

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Sep 30, 2017

Good course. And I like the teachers very much. But I woul like more on Game Theory.

By Dalia G V

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Apr 13, 2021

?Un curso muy entretenido! Me sirvió para expandir mis conocimientos en la materia.

By Hitesh K

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Sep 27, 2016

Stimulating. Very interesting course, never loved the derivations this much before.

By ???? ?

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Sep 27, 2016

Great course. I have learned a lot and very thankful for the wonderful instructors.

By Dongho S

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Jun 2, 2020

Interesting as always but I wished there were explanation for the wrong answers.

By Reza S

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Oct 8, 2017

this was a cool course. But not sure how I'll use the learnings in the future :)

By Jose A T C

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Sep 23, 2017

I enjoyed a lot this course. The instructors are among the best worldwide.

By Sherlock C C

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Apr 14, 2020

Nice course! It helps me clarify a lot of basic concepts of game theory.

By Hugor I

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Apr 2, 2017

I enjoyed a lot learning this Course. Well explained by great lecturers.

By Qaiser R Y

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Jun 13, 2023

Amazing experience and learning.. Really thankful for this opportunity.

By Arpit R

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Dec 15, 2023

thank you to the teachers, this was a great learning experience.

By Can Y

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Oct 29, 2024

Bence insanlara bir ?ey ??reten ve s?kmayan ba?ar?l? bir dersti

By Arnaud P R

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Mar 15, 2017

Great experience. Lotof fun. Awaiting the third volume...

By Aaryan V

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Aug 12, 2022

Great course materials and clear teaching. Enjoyed it

By Erfan S

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Sep 23, 2024

I have learn a lot from this course. It's the best

By ?ngels B

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Mar 1, 2020

Excellent, clear and very useful course

By Sahil K

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May 10, 2020

good course, should have more examples

By zahid a

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Nov 19, 2016

Enjoyed the course, Thank you so much

By Mithilesh k

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Sep 14, 2016

Excellent and enlightening experience

By Ali E

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Apr 22, 2021

Excellent explanations and quizzes

By Daniel G R

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Jan 6, 2018

I learnt so much in this course

By Christian L

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Sep 20, 2017

Quite Hard but very interesting

By Timothy W

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May 13, 2021

Great Class. I learned a lot.