Teaching Nash equilibrium with Python
The author describes an assignment in an undergraduate game theory course in which students work together in class to develop a computer algorithm to identify Nash equilibria. This assignment builds basic computer science skills while applying game theory knowledge to real-world situations. Students...
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| Published in | The Journal of economic education Vol. 54; no. 2; pp. 177 - 183 |
|---|---|
| Main Author | |
| Format | Journal Article |
| Language | English |
| Published |
Washington
Routledge
03.04.2023
Taylor & Francis Inc |
| Subjects | |
| Online Access | Get full text |
| ISSN | 0022-0485 2152-4068 |
| DOI | 10.1080/00220485.2023.2168813 |
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| Abstract | The author describes an assignment in an undergraduate game theory course in which students work together in class to develop a computer algorithm to identify Nash equilibria. This assignment builds basic computer science skills while applying game theory knowledge to real-world situations. Students work as a team to delineate the steps and write a program to identify all of the pure-strategy Nash equilibria of the game. They then test this program by creating and solving their own game. This assignment represents an efficient way for undergraduate economics students to gain valuable computer science skills without assuming any pre-existing computer science knowledge, without having to take classes outside of the economics major, and without economics faculty having to restructure entire courses or curricula. |
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| AbstractList | The author describes an assignment in an undergraduate game theory course in which students work together in class to develop a computer algorithm to identify Nash equilibria. This assignment builds basic computer science skills while applying game theory knowledge to real-world situations. Students work as a team to delineate the steps and write a program to identify all of the pure-strategy Nash equilibria of the game. They then test this program by creating and solving their own game. This assignment represents an efficient way for undergraduate economics students to gain valuable computer science skills without assuming any pre-existing computer science knowledge, without having to take classes outside of the economics major, and without economics faculty having to restructure entire courses or curricula. |
| Audience | Higher Education Postsecondary Education |
| Author | Luedtke, Allison Oldham |
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| Copyright | 2023 Taylor & Francis Group, LLC 2023 2023 Taylor & Francis Group, LLC |
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| SubjectTerms | Algorithms Assignments Computer Literacy Computer Science Cooperative Learning Economics Education Game Theory games in the classroom Nash equilibrium Programming Languages Undergraduate Students |
| Title | Teaching Nash equilibrium with Python |
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