Skip to main content
Game Theory Explained

Game Theory Explained

By Ishita Mehra

This podcast takes on the intimidating ‘Game Theory’ and presents it in simplified form. Everything ranging from interviews with famous professors to analysis of real life applications of Game Theory.
Available on
Apple Podcasts Logo
Google Podcasts Logo
Pocket Casts Logo
RadioPublic Logo
Spotify Logo
Currently playing episode

Prof. Aumann on Nuclear Bombs Keeping Peace (part 3/4)

Game Theory ExplainedJan 26, 2022

00:00
11:48
Prof. Aumann on Nuclear Bombs Keeping Peace (part 3/4)

Prof. Aumann on Nuclear Bombs Keeping Peace (part 3/4)

Prof. Aumann talks about the Paradox of Nuclear Bombs causing World Peace.
Jan 26, 202211:48
Prof. Aumann on The '05 Economics Nobel Prize (part 2/4)

Prof. Aumann on The '05 Economics Nobel Prize (part 2/4)

Prof. Aumann recalls his cited works in The '05 Economics Nobel Prize, and sings us a song describing the future of the field.
Dec 14, 202113:10
Prof. Aumann on Israeli Military Strategy (part 1/4)

Prof. Aumann on Israeli Military Strategy (part 1/4)

Prof. Aumann shares his take on Israeli Military Strategy, the study of knots and his simple philosophy in life: "If I want to do something, I do it."
Dec 04, 202111:01
Prof. Maitreesh Ghatak on Laissez-Faire vs Dirigisme (part 3/3)

Prof. Maitreesh Ghatak on Laissez-Faire vs Dirigisme (part 3/3)

Prof. Maitreesh Ghatak shares his views on Laissez-Faire vs Dirigisme in a developing economy, and the level of intervention policymakers plan depending on the development in the country.

Aug 29, 202112:35
Prof. Maitreesh Ghatak on Incentives in Bribery (part 2/3)

Prof. Maitreesh Ghatak on Incentives in Bribery (part 2/3)

Professor Maitreesh Ghatak shares his views on Incentives in Bribery and corruption.
Aug 22, 202109:10
Prof. Maitreesh Ghatak on Joint Liability in Microfinance (part 1/3)

Prof. Maitreesh Ghatak on Joint Liability in Microfinance (part 1/3)

Professor Maitreesh Ghatak shares his insights on Joint Liability in microcredit and microfinance, and gives a basic introduction to the problem of bribery.
Aug 15, 202112:13
Dr. Robert Simon on Politics and Game Theory (part 3/3)

Dr. Robert Simon on Politics and Game Theory (part 3/3)

Dr. Robert Simon shares his take on Game Theory behind politics, social institutions, dictatorships and God.
Aug 08, 202109:58
Dr. Robert Simon on Banach-Tarski Paradox (part 2/3)

Dr. Robert Simon on Banach-Tarski Paradox (part 2/3)

Dr. Robert Simon shares his views on the Banach-Tarski Paradox, Myopic Equilibria and Computational applications of Game Theory.
Aug 01, 202116:44
Dr. Robert Simon on Stochastic Games (part 1/3)

Dr. Robert Simon on Stochastic Games (part 1/3)

Dr. Robert Simon discusses his three favourite types of non-zero sum games - Stochastic Games, Repeated Games and Bayesian Games.
Jul 24, 202116:52
Prof. Ratul Lahkar on Social Equilibrium Problem (part 3/3)

Prof. Ratul Lahkar on Social Equilibrium Problem (part 3/3)

Prof. Ratul Lahkar talks about Social Equilibrium Problem and significance of social elements in evolutionary game theory.
Jun 27, 202116:31
Prof. Ratul Lahkar on War of Attrition (part 2/3)

Prof. Ratul Lahkar on War of Attrition (part 2/3)

Professor Ratul Lahkar shares his insights on a particular evolutionary Game Theory game known as War of Attrition.
Jun 21, 202111:04
Prof. Ratul Lahkar on Evolutionary Game Theory (part 1/3)

Prof. Ratul Lahkar on Evolutionary Game Theory (part 1/3)

Prof. Ratul Lahkar talks about the differences between classical and evolutionary Game Theory.
Jun 13, 202115:36
Prof. Debasis Mishra on Vickrey-Dutch Procurement Auctions (part 3/3)

Prof. Debasis Mishra on Vickrey-Dutch Procurement Auctions (part 3/3)

Professor Debasis Mishra talks about ascending and descending price auctions along with vickrey auctions.
Jun 06, 202116:10
Prof. Debasis Mishra on Top Trading Cycle Algorithm (part 2/3)

Prof. Debasis Mishra on Top Trading Cycle Algorithm (part 2/3)

Professor Debasis Mishra gives us greater insight into matching theory by describing the two facets- Gale-Shapley and TTC.
May 30, 202114:13
Prof. Debasis Mishra on Gale-Shapley Deferred Acceptance Algorithm (part 1/3)

Prof. Debasis Mishra on Gale-Shapley Deferred Acceptance Algorithm (part 1/3)

Professor Debasis Mishra talks about the Gale-Shapley Deferred Acceptance Algorithm and Matching Theory.
May 23, 202113:31
Prof. Parikshit Ghosh on Second Highest Bidder Auctions (part 3/3)

Prof. Parikshit Ghosh on Second Highest Bidder Auctions (part 3/3)

In this episode, professor parikshit Ghosh talks about auction theory, its types and advantages.
May 16, 202110:37
Prof. Parikshit Ghosh on Cheap Talk Games (part 2/3)

Prof. Parikshit Ghosh on Cheap Talk Games (part 2/3)

Professor Parikshit Ghosh talks about cheap talk games, signalling games and moral limits of markets.
Apr 25, 202113:32
Prof. Parikshit Ghosh on Nash Bargaining Theorem (part 1/3)

Prof. Parikshit Ghosh on Nash Bargaining Theorem (part 1/3)

Professor Parikshit Ghosh gives an insight into behavioural economics, oligopolies and the Nash Bargaining Concept.
Apr 18, 202112:31
Prof. Arunava Sen on Voting Design (part 3/3)

Prof. Arunava Sen on Voting Design (part 3/3)

This week we conclude the discussion with professor Arunava Sen and talk about voting design, social choice theory and division of inheritance.
Apr 11, 202119:36
Prof. Arunava Sen on Auction Theory (part 2/3)

Prof. Arunava Sen on Auction Theory (part 2/3)

In this week’s episode, we continue the discussion with professor Arunava Sen on Auction Theory, The judgment of King Solomon, and games with private information.
Apr 04, 202118:15
Prof. Arunava Sen on Mechanism Design (part 1/3)

Prof. Arunava Sen on Mechanism Design (part 1/3)

Professor Arunava Sen joins us and talks about the history of Game Theory, an introduction to its application in voting and his area of expertise - mechanism design.
Mar 28, 202118:14
Game Analysis: Poker

Game Analysis: Poker

We introduce extensive form games and discuss how to play a game where the strength of other players is uncertain.
Jan 31, 202107:14
Maxmin Strategies & Correlated Equilibrium

Maxmin Strategies & Correlated Equilibrium

We talk about maxmin and minmax strategies, zero sum games, intuition and a correlated equilibrium system.
Jan 24, 202107:06
Iterative Removal

Iterative Removal

Here, we talk about iterative removal of dominated strategies to help us predict possible outcomes of games.
Jan 17, 202107:04
Game Analysis: Soccer

Game Analysis: Soccer

This weeks episode applies theoretical concepts into an actual sport, and tries to analyse the best strategies from the perspectives of goalies and kickers during penalty kicks.
Jan 10, 202106:39
Pareto Optimality & Betting on Games

Pareto Optimality & Betting on Games

In this episode we explore Pareto optimality, how to bet on outcomes and when is having no strategy, the best strategy.
Jan 03, 202106:18
Keynes Beauty Contest Game

Keynes Beauty Contest Game

In this episode we explore the traditional Keynes Beauty Contest Game and the presence of strictly and weakly dominant and dominated strategies.
Dec 27, 202007:18
Nash Equilibrium & The Stock Market

Nash Equilibrium & The Stock Market

This episode talks about the basic building block of game theory- Nash Equilibrium, and it’s application in the stock market.
Dec 20, 202006:01
Game Theory Basics & The Prisoners’ Dilemma

Game Theory Basics & The Prisoners’ Dilemma

In this episode, I go over the basics of Game Theory and apply these principles to a game known as ‘The Prisoners Dilemma’.
Dec 13, 202005:29