Game theory r00lz
CS Game Theorists vs Econ Game TheorIsts

Not to be a d/ck, but does game theory have any application to the rest of economics beyond a few standard games like auctions, bargaining, Bertrand/Cournot/etc competition? Seems like you should just learn about these in an IO class if you're interested. I have no clue why I had to spend a semester learning how to solve pointlessly complicated games.

Not to be a d/ck, but does game theory have any application to the rest of economics beyond a few standard games like auctions, bargaining, Bertrand/Cournot/etc competition? Seems like you should just learn about these in an IO class if you're interested. I have no clue why I had to spend a semester learning how to solve pointlessly complicated games.
It applies to everything except an economy consisting of a single basement dwelling internet troll.

Not to be a d/ck, but does game theory have any application to the rest of economics beyond a few standard games like auctions, bargaining, Bertrand/Cournot/etc competition? Seems like you should just learn about these in an IO class if you're interested. I have no clue why I had to spend a semester learning how to solve pointlessly complicated games.
It applies to everything except an economy consisting of a single basement dwelling internet troll.
I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.

Not to be a d/ck, but does game theory have any application to the rest of economics beyond a few standard games like auctions, bargaining, Bertrand/Cournot/etc competition? Seems like you should just learn about these in an IO class if you're interested. I have no clue why I had to spend a semester learning how to solve pointlessly complicated games.
It applies to everything except an economy consisting of a single basement dwelling internet troll.
I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.
Perhaps we should make students take courses in nonlinear optimization. Based on your response you have misunderstood some pretty fundamental things and should take a course in game theory to correct that.

Not to be a d/ck, but does game theory have any application to the rest of economics beyond a few standard games like auctions, bargaining, Bertrand/Cournot/etc competition? Seems like you should just learn about these in an IO class if you're interested. I have no clue why I had to spend a semester learning how to solve pointlessly complicated games.
It applies to everything except an economy consisting of a single basement dwelling internet troll.
I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.
Perhaps we should make students take courses in nonlinear optimization. Based on your response you have misunderstood some pretty fundamental things and should take a course in game theory to correct that.
Maybe it's just the way I was taught game theory. Again, I can see that understanding Nash equilibrium is important, but that's something you can learn pretty quickly. I don't see why I needed to work through contrived problems specifying offpath beliefs to make sure I understand PBE when I could have picked up whatever concepts I needed on my own.

I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.
Maybe it's just the way I was taught game theory. Again, I can see that understanding Nash equilibrium is important, but that's something you can learn pretty quickly. I don't see why I needed to work through contrived problems specifying offpath beliefs to make sure I understand PBE when I could have picked up whatever concepts I needed on my own.
You clearly don't understand Nash equilibria.

I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.
Maybe it's just the way I was taught game theory. Again, I can see that understanding Nash equilibrium is important, but that's something you can learn pretty quickly. I don't see why I needed to work through contrived problems specifying offpath beliefs to make sure I understand PBE when I could have picked up whatever concepts I needed on my own.You clearly don't understand Nash equilibria.
What in my comment makes that clear?

I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.
Maybe it's just the way I was taught game theory. Again, I can see that understanding Nash equilibrium is important, but that's something you can learn pretty quickly. I don't see why I needed to work through contrived problems specifying offpath beliefs to make sure I understand PBE when I could have picked up whatever concepts I needed on my own.You clearly don't understand Nash equilibria.
What in my comment makes that clear?
Reread and go back tour textbook definition of Nash equilibrium. If you still don't see it. Take a course and pay more attention in your classes. Don't take the class with me. You won't pass.

I mean, I accept that agents don't always take others' actions as given. But recognizing this, why should most economists view game theory as anything more than a tool? We don't make students take entire courses in nonlinear optimization even though it's a more fundamental tool for economics than game theory.
Maybe it's just the way I was taught game theory. Again, I can see that understanding Nash equilibrium is important, but that's something you can learn pretty quickly. I don't see why I needed to work through contrived problems specifying offpath beliefs to make sure I understand PBE when I could have picked up whatever concepts I needed on my own.You clearly don't understand Nash equilibria.
What in my comment makes that clear?
Reread and go back tour textbook definition of Nash equilibrium. If you still don't see it. Take a course and pay more attention in your classes. Don't take the class with me. You won't pass.
I passed with almost certainly a better game theorist than you :) anyway I'm about to go get laid which I'm sure you can only theorize about.

the LAX security patrols are scheduled using Bayesian Stackelberg Games
basically: airport uses firstmover advantage to randomize monitoring to induce a noattack bestresponse by terrorist
the game is pretty simple, the challenge is efficiently computing the equilibrium given the inputs (canine squads, cameras, checkpoints, etc.), which is where the CS comes in (I think it's a lab at USC)
it's a great example of firstmover advantage if you're teaching intro the game theory

Not to be a d/ck, but does game theory have any application to the rest of economics beyond a few standard games like auctions, bargaining, Bertrand/Cournot/etc competition? Seems like you should just learn about these in an IO class if you're interested. I have no clue why I had to spend a semester learning how to solve pointlessly complicated games.
Just the few things you enumerated literally apply to almost everything economics, except maybe socialplaner macro.