In game theory, the best response is the strategy (or strategies) which produces the most favorable outcome for a player, taking other players' strategies as given . The concept of a best response is central to John Nash's best-known contribution, the Nash equilibrium, the point at which each player in a game has selected the best response (or one of the best responses) to the other players' strategies. (Wikipedia).
In this video I talk about being your best self. I think it's important to keep this in mind sometimes. If you enjoyed this video please consider liking, sharing, and subscribing. You can also help support my channel by becoming a member https://www.youtube.com/channel/UCr7lmzIk63PZnBw3
From playlist Inspiration and Advice
The Advantages of Being 'just Good Friends'
We're used to thinking of the state of friendship as hugely inferior compared with that of being in a relationship. But comparing how most people behave in a couple, compared with how they are in a friendship, should perhaps lead us to reconsider our choices. For gifts and more from The
From playlist RELATIONSHIPS
How To Write A Cover Letter (Example Included)
A well written cover letter could increase your chances of an interview by 50%. We'll show you how to write an awesome cover letter that impresses employers. Source : https://www.zipjob.com/blog/write-awesome-cover-letter-samples-included-zipjob/ Writing a good cover letter is a crucial
From playlist Searching for a Job
One of our greatest demands in love is that our partner should love us 'for who we really are'. It sounds Romantic enough, but in truth, none of us should ever expect another person to admire and adore us in our totality, with all our flaws and questionable sides. True love means being gen
From playlist RELATIONSHIPS
THANKS FOR 5 MILLION SUBSCRIBERS! | Real Stories
The Real Stories team would like to say a huge thanks to all of our supporters for helping us to reach 5 MILLION SUBSCRIBERS!
From playlist Your Favorite Real Stories! | THANKS FOR 5 MILLION!
How to Cope If the Worst Came to the Worst..
Many of us suffer enormous anxieties about what might happen if the worst came to the worst. Well-meaning friends often reassure us that things might go really well, but there is often great relief to be found in imagining the darkest scenarios and being able to see that we could, ultimate
From playlist SELF
We often think that the best way to have friends is to be deeply impressive and accomplished. In fact, the route to true friendship always flows through vulnerability. If you like our films take a look at our shop (we ship worldwide): http://www.theschooloflife.com/shop/all/ Brought to you
From playlist RELATIONSHIPS
Mod-02 Lec-09 Best Response Functions
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
4. Best responses in soccer and business partnerships
Game Theory (ECON 159) We continue the idea (from last time) of playing a best response to what we believe others will do. More particularly, we develop the idea that you should not play a strategy that is not a best response for any belief about others' choices. We use this idea to analy
From playlist Game Theory with Ben Polak
5. Nash equilibrium: bad fashion and bank runs
Game Theory (ECON 159) We first define formally the new concept from last time: Nash equilibrium. Then we discuss why we might be interested in Nash equilibrium and how we might find Nash equilibrium in various games. As an example, we play a class investment game to illustrate that there
From playlist Game Theory with Ben Polak
Mod-04 Lec-32 Rationalisability and Beliefs
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
Introduction to game theory by Matteo Marsili
Winter School on Quantitative Systems Biology DATE: 04 December 2017 to 22 December 2017 VENUE: Ramanujan Lecture Hall, ICTS, Bengaluru The International Centre for Theoretical Sciences (ICTS) and the Abdus Salam International Centre for Theoretical Physics (ICTP), are organizing a Wint
From playlist Winter School on Quantitative Systems Biology
Mod-02 Lec-10 Strictly and Weekly Dominated Action
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
Believe It or Not, Stress Can Be Good For You | Big Think
Believe It or Not, Stress Can Be Good For You Watch the newest video from Big Think: https://bigth.ink/NewVideo Join Big Think Edge for exclusive videos: https://bigth.ink/Edge ---------------------------------------------------------------------------------- Dr. Kelly McGonigal is author
From playlist Best Videos | Big Think
6. Nash equilibrium: dating and Cournot
Game Theory (ECON 159) We apply the notion of Nash Equilibrium, first, to some more coordination games; in particular, the Battle of the Sexes. Then we analyze the classic Cournot model of imperfect competition between firms. We consider the difficulties in colluding in such settings, and
From playlist Game Theory with Ben Polak
Mod-04 Lec-29 Mixed Strategy Equilibrium: Concept and Examples
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
When women nag.. I just hope I can do the same!
When women nag.. I just hope I can do the same!
From playlist Humor
9. Mixed strategies in theory and tennis
Game Theory (ECON 159) We continue our discussion of mixed strategies. First we discuss the payoff to a mixed strategy, pointing out that it must be a weighed average of the payoffs to the pure strategies used in the mix. We note a consequence of this: if a mixed strategy is a best respon
From playlist Game Theory with Ben Polak