Game Theory

Time to get your game on! In this BrainPOP movie, Tim and Moby discuss the basics of game theory, a field of economics that formulates mathematical strategies for complex situations. You’ll learn about the basic ingredients of any game, including players, rules, consequences, and payoffs. You’ll see how game theorists use a matrix to record their results. You’ll also find out the difference between the two basic categories of games: cooperative and non-cooperative. And if you think game theory doesn’t have any connection to the real world, Tim and Moby will show you how you’re already a game theorist...you just don’t know it yet!

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