Noelle's STEM Corner: Game Theory

I hope you enjoyed the video! If you would like to learn more and/or solve more puzzles the TED-Ed puzzles are a wonderful place to start. One of my favorites is the 2/3s riddle.  All of the puzzles are not directly correlated with game theory, however they are fun and challenging. Another fun adventure is researching your favorite games to learn the theory behind them. Additionally, if you want another introduction to game theory watch this video by SciShow. I hope you enjoyed the puzzles and are inspired to continue researching. Below I have a few more videos and websites to check out Happy learning everyone!

• This is an activity to explain Nash Equilibrium in a simpler way through Lemonade stands. 
  • The (strange) Mathematics of Game Theory
    • 0-4:30 - He touches more on the collaborative section of game theory and uses a bit of math. 
    • 4:30 -  7:00 - More with the math aspect of Game theory, nash equilibrium, and cooperative versus non-cooperative games. 
    • 7:00 - 8:50 - The ⅔ game, which is an interesting intersection between game theory and psychology. 
    • 8:50 - 11:54 - A twist on the prisoner's dilemma. 
    • 11:54 - 13:15 - Explanation of the tit for tat method and gives some real world applications of Game Theory. 
  • Golden Balls
    • This British game show centers around choosing golden balls and eliminating the “weakest” player. When two people remain, each player chooses to split or steal. 
      • If both choose Split, they each receive half the jackpot.
      • If one chooses Steal and the other chooses Split, the Steal contestant wins the entire jackpot and the Split contestant leaves with nothing.
      • If both choose Steal, neither contestant wins any money.
    • What would you do? This explains the game more and relates it to the prisoner's dilemma. Also does this situation have a nash equilibrium? 
      • Both the article and video mentioned Ibrahim and Nick’s Split or steal, which is a perfect example of applying game theory and psychology to a situation.