Game Theory Lecture II (1/6) Contract: Background of Cooperative Game Theory
Channel: Joosung Lee
Date: 2021-02-07

This is a part of the course, Game Theory for Business Analytics, delivered to MSc students at the University of Edinburgh Business School in 2021.

This video 1/6 of Lecture II (Cooperative Approach) covers
Contract: Background of Cooperative Game Theory
- Feasibility
- Efficiency
- Individual Rationality
- Feasible Outcomes with Mixed Strategies
- Feasible Outcomes with Transferable Utility 

The course consists of four lectures:
Lecture I: Non-cooperative Approach
- Video 1/4. Prisoners' Dilemma: Dominance 
- Video 2/4. Knowledge
- Video 3/4. Belief and Equilibrium
- Video 4/4. Planning: Mixed Strategy

Lecture II: Cooperative Approach
- Video 1/6. Contract: Background of Cooperative Game Theory
- Video 2/6. Coalition Games
- Video 3/6. The Core and the Nash Solution
- Video 4/6. The Shapley Value
- Video 5/6. Airport Problem: Application to Cost Allocation
- Video 6/6. Simple Games

Lecture III: Matching and Assignment
- Video 1/5. Introduction to Market Design
- Video 2/5. Marriage Problem: One-to-One Matching
- Video 3/5. Medical Matching: Many-to-One Matching
- Video 4/5. Gift Allocation: Assignment with Public Endowment
- Video 5/5. Office Allocation: Assignment with Private Endowment

Lecture IV: Market and Information
- Video 0/5. Overview and Review
- Video 1/5. Pricing: Fixed-Price Posting
- Video 2/5. Second-Price Auction
- Video 3/5. First-Price Auction
- Video 4/5. Optimal Auction: Auctions with Reserve Price
- Video 5/5. Efficient Market