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Game Theory 101: What Is a Nash Equilibrium? (Stoplight Game)

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Published on Jan 16, 2012

Game Theory 101: The Complete Textbook on Amazon: http://amzn.to/1SlRTtg

http://gametheory101.com/courses/game...

This lecture gives an intuitive explanation of economics concept known as "Nash equilibrium" using traffic signals as an example.

To preempt confusion, the book now costs more because it is five times as long. Sorry this is outdated, but I can't rerecord the audio.

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