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study critique (270)
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2 posts
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economics (105) game theory (27) rational choice (6) Schelling point (5) The Art of Strategy (5) Ultimatum Game (3) auction theory (2) negotiation (2) bargaining (2)

Bargaining and Auctions

Scott explains the economics of bargaining and auctions, showing how prices emerge from negotiations between buyers and sellers when both parties lack perfect information about supply and demand.

lw
Jul 15, 2012 2,248 words 58 likes 72 comments Read Read
game theory (27) LessWrong (15) signaling (10) Prisoner's Dilemma (9) voting systems (7) Nash equilibria (5) The Art of Strategy (5) blog series (2) bargaining (2)

Introduction to Game Theory: Sequence Guide

Scott introduces a 10-post sequence on game theory fundamentals, drawing from 'The Art of Strategy' by Dixit and Nalebuff, with links to all planned posts.

lw
Jun 28, 2012 303 words 90 likes 7 comments Read Read
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