Posts on Game Theory

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March 21, 2006

The Bayes-Nash algorithm

10 Does your name contain the names Harsanyi or Nash?
20 If yes goto 1000 else goto 30
30 Are you Nature?
40 If yes goto 1000 else goto 50
50 What type are you, high or low?
60 If high goto 1000 else goto 70
70 Do you feel like some action?
80 If yes goto 90 else goto 1000
90 Does your strategy function correctly map your type to your action?
100 If yes goto 1000 else goto 110
110 Does your action space include {"Aceing the Micro final"}?
120 If yes goto 1000 else goto 130
130 Do you have prior evidence that you're a complete failure?
140 If yes goto 150 else goto 1000
150 Does your posterior hurt like hell?
160 If yes goto 170 else goto 1000
170 Do you feel so low that you know it just isn't your pay(off) day?
180 If yes goto 190 else goto 1000
190 Are you a free-rider?
200 If yes goto 210 else goto 1000
210 Have you made it a point to think about both life as a high type AND life as a low type?
220 If yes goto 250 else goto 230
230 Remember, you have to think of all types, as Confucius says, "Don't leave everything to nature because Nash wouldn't call it an equilbrium."
240 Goto 250
250 This is it, you've made it. Welcome to the Non-Bayesian world, you just failed every test out there!
260 Goto 1000
1000 Print "This is torture isn't it? Bayes RULEZ!"
1010 END

Posted by vinayak at 11:20 PM | Comments (1) | Permalink
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December 29, 2005

Open Source Textbooks

Kyle's comment in my earlier post on Danny Quah's article reminded me -- as a big fan of open source textbooks, it's nice to see Ariel Rubenstein's microeconomics textbook available for free online, at his website.

I agree with you Kyle, it's a great idea, and I hope we get to see more of this in the future!

Posted by vinayak at 10:51 PM | Comments (1) | Permalink
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