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CATEGORIES:Churchill CompSci Talks
SUMMARY:Game theory: What really happens - Harry Collard\,
Sidney Sussex College
DTSTART;TZID=Europe/London:20150211T194000
DTEND;TZID=Europe/London:20150211T203000
UID:TALK57639AThttp://talks.cam.ac.uk
URL:http://talks.cam.ac.uk/talk/index/57639
DESCRIPTION:Nash's Existence theorem proves that every game wi
th a finite number of players has a Nash equilibri
um\, if we allow for mixed strategies. In this tal
k we shall explore different types of games and th
eir Nash equilibria\, and how they relate to the o
ptimal strategies for rational players in a game a
gainst others. Humans\, however\, are not always r
ational.\n \nBecause of this\, in some games\, the
optimal strategy can no longer be based upon the
assumptions of rational players. We shall then loo
k at some real world scenarios where this has occu
rred and what this tells us about the 'average' pl
ayer in a game. We shall finally see how human bia
ses can interfere with our decision making and how
Chimpanzees might actually be better at making de
cisions than us.
LOCATION:Wolfson Hall\, Churchill College
CONTACT:Jasper Lee
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