theorypedia
← Back to feed

Game Theory with Ben Polak: Five First Lessons (Transcript) - The Singju Post

singjupost.com

Yale's Ben Polak opens his legendary Game Theory course by showing how rational self-interest and strategic thinking shape every decision — and why that should change how you see the world.

Game TheoryDominant StrategyNash EquilibriumPrisoner's Dilemma
Game Theory with Ben Polak: Five First Lessons (Transcript) - The Singju Post

Theory Briefing

  • Yale's Economics 159 opens with a live classroom game, instantly showing students that outcomes depend on others' choices, not just your own.
  • Polak's first lesson dismantles the idea of 'best choices in isolation' — in strategic settings, your optimal move shifts with what rivals do.
  • The course introduces dominant strategies early, revealing why rational players can still end up in collectively bad outcomes like the Prisoner's Dilemma.