I m from India and thanqs to you for much better and easy explanation... before I watching your vedio I felt this concept is too hard but after sieng you it's like a cup of tea ...
Hey, Thanks so much for your Video! I didn't even listen to the end that I steadily understood the Nash Equilibrium already. I couldn't undertsand this stuff since 1 month now.
Thank you so much! I was literally so confused, but your explanation made me understand! Not to be dramatic but I almost cried because I finally understood what Nash Equilibrium was. Thank u so much
Had exams coming up and my didn’t understand my lecturers notes. But this video made it simple and easy to understand, easy for my exam. Thanks for the help :D
I have to say when they went over this in game theory in a course in college I was like really, this was a Nobel on this? Well yeah behind the simple explanations is a lot of math so yep. But to me it seemed .. natural .. it would happen this way. Heck I remember a team building exercise built around this, the same model as this except the two sides can communicate. And the goal was to teach the people to work together to win win for everyone (as like in this one, they would agree to go up-right so they each get the best payout... the equilibrium can be shorted by communication and knowledge lol). Except in my case I figured this game would be one where later rounds it goes up, that sort of thing, and negatives get involved to reinforce. So I decided to play a different game, on top of the game, one where I win on my own personal goal (I get the most or lose the least if everyone loses .. I win!). And that meant agreeing to work togther on round 1 then backstabbing them to max my profit! Oh it was wonderful. The next round NO ONE on the various teams would trust the answers from anyone, they all tried to back stab each other, and the whole thing descended into chaos! The teacher took me aside at the end and said they had never seen that course devolve like that, and I answered that's because the course does not deal with the reality of human nature and by the way I won the game I was playing. LOL.
And you know that is the real answer. Smith and Nash are really both wrong. As they assume in the structures and rules that everyone is playing the same game with the same rules. But when someone plays a different game for other reasons, over the top of "their" game .. amazingly destructive results can follow. LOL
This looks silly...to me Not your explanation But the theory itself!! What if there are other factors .. What if not just selecting the higher number is good.. bur also the even number!! What if there are 100 more factors ? What if the correlation between these factors is complicated!!!!!
You explained it better and simpler than my professor did. Thanks!
Yes she did! Best, most logical, least convoluted explanation , yet.
W pfp
At least you have 1😭
modern academia: paying a school for the privilege of teaching yourself (what they failed to teach you), based on free content from the internet.
@@RM-dc6zdI'm not in merica pal, Uni is free were i am. Lol.
I understood the 2-hour lecture in just 5 minutes. Thank you!!
I sincerely appreciate this video. Very understood this Nash stuff
Thank you Ashley! Because of your method I understand Nash Equilibrium ❤
I m from India and thanqs to you for much better and easy explanation... before I watching your vedio I felt this concept is too hard but after sieng you it's like a cup of tea ...
Which part of India?
YOU SAVED TWO PEOPLE'S LIVES TODAY. MICRO FINAL TMW. THIS WAS SO HELPFUL I LOVE YOU.
much better than uni professor. amazing.
I have been really struggling with this topic and this was SOOO helpful. Thank you for helping me understand!!
Hey, Thanks so much for your Video! I didn't even listen to the end that I steadily understood the Nash Equilibrium already. I couldn't undertsand this stuff since 1 month now.
This is fantastic, Ashley: I cannot believe how easy you have made it. Great teaching.
This video actually helped me so much and was WAY simpler than how my professor taught it thank you so so much
Thank you so much! I was literally so confused, but your explanation made me understand! Not to be dramatic but I almost cried because I finally understood what Nash Equilibrium was. Thank u so much
Had exams coming up and my didn’t understand my lecturers notes. But this video made it simple and easy to understand, easy for my exam. Thanks for the help :D
Well explained video! A lot better than the lecture videos we needed to watch for econ class.
So simply explained yet so effective. Love it!
Well explained with many illustrations.
Thanks a lot Ashley
YOU HAVE NO IDEA HOW EASY YOU MADE IT OMG I WAS STRUGGLING BEFORE WATCHING THIS!
You're a saver! textbooks are too complex on explaining these things.
every professor in the world should be like you, thankyou!
Perfectly clear and concise explanation, thank you!
Thank you very much for the video, it helped me a lot with my coursework.
Thank you
2 hrs spent and finally YT to the rescue
Thank you, this was a very easy-to-understand explanation.
Thank you so so much. You explained it much much better than my professor. You are awesome!!!!
You make it simple to understand thanks ma
WTF, this is AWESOME! You literally saved my exam! WAAAAAAA THANKS!!!!
No words to express, really very nice explanation...... thanks a lot..
Holy moly this made sense.
You are a life saver😭❤️
thank u so much, u have saved my final assignment 🙏🏻🙏🏻🙏🏻
Thank you. This is useful for a student like me who just reads the night before the exam. 😒
This was so helpful! Well explained!
Very good explanation and a big help. Thank you very much!
쉽게 설명해주셔서 이해하기 쉬웠어요! 감사합니다
Thank you! You helped me on my homework.
This is a very simple and helpful video
Thank you for making something so “different” much simpler. Yes! Use more characters from Harry Potter
Really well done video. Helped a lot in understanding this. Thanks!
You are the best teacher 😊
great examples! i understand evrything that i did not from my university teacher
Beautiful video from a beautiful lady. Thank you dear
This was really well explained thank you very much!
what an amazing explanation thank you!
Thank you! for making things easier...
Beautiful explanation! Respect!
This is going to take me a while, thanks
Thank you for clearing out my confusion :)~
Thank u for making this video 🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰🥰
Thank you so so much God bless you ❤
best explanation. Thanks for making this
That's a great illustration!!!
Thank you for sharing your valuable knowledge
Thank you i understood it so well!
Vest explanation I've found. Thanks!
Excellent and superb explanation
This was great thank you! But I have a question: what if when u are going through each cell, both of P1’s values are the same? Like both zero?
Circle both if they are a best response.
JazakAllah! ❤
Denle un premio a esta genia
You are the best!
شکریہ 🥰🦋❤️
Great video. Thanks
Great ecplanation. But the cards in the end is kind of obstructing the view. Can we have the cards a little bit later.
Thank you Ashley
U d life saviour😭😭😭
How do you come up with the numbers?
This video explains that: th-cam.com/video/-VjjN6GCV8A/w-d-xo.html
@@AshleyHodgson thanks a lot, Ashley!
Thank you!
i appreciate you queen!
Thank you so much
If nash equiplibrium is set. Could we lead out NP =P is solution .
great video, thank you!
very helpful! Thank you
Thank you so much !!
WWonderful video.
you are the goat
very nice explanation
Thaaaank you so much ❤
Awesome work
so insightful!
THANK YOU
I have to say when they went over this in game theory in a course in college I was like really, this was a Nobel on this? Well yeah behind the simple explanations is a lot of math so yep. But to me it seemed .. natural .. it would happen this way. Heck I remember a team building exercise built around this, the same model as this except the two sides can communicate. And the goal was to teach the people to work together to win win for everyone (as like in this one, they would agree to go up-right so they each get the best payout... the equilibrium can be shorted by communication and knowledge lol). Except in my case I figured this game would be one where later rounds it goes up, that sort of thing, and negatives get involved to reinforce. So I decided to play a different game, on top of the game, one where I win on my own personal goal (I get the most or lose the least if everyone loses .. I win!). And that meant agreeing to work togther on round 1 then backstabbing them to max my profit! Oh it was wonderful. The next round NO ONE on the various teams would trust the answers from anyone, they all tried to back stab each other, and the whole thing descended into chaos! The teacher took me aside at the end and said they had never seen that course devolve like that, and I answered that's because the course does not deal with the reality of human nature and by the way I won the game I was playing. LOL.
And you know that is the real answer. Smith and Nash are really both wrong. As they assume in the structures and rules that everyone is playing the same game with the same rules. But when someone plays a different game for other reasons, over the top of "their" game .. amazingly destructive results can follow. LOL
Please tell in comment how to find pure strategy equilibrium?
god bless you
saving my exam for econ 315 tomorrow 🙏
THE BEST
RIP Dr. John Forbes Nash and Alicia Nash 🙏❤️
Jr.
Helpful
Nice.
Good.
To some extent, taught better than my professor. Thank you
Thanks from tasnim
And this is how you invent the Bitcoin network.
interesting
Well
Huh!! As clear as mud.
Someone fast give her a prize
w vid
You are so sweet and cute ❤
This looks silly...to me
Not your explanation
But the theory itself!!
What if there are other factors ..
What if not just selecting the higher number is good.. bur also the even number!!
What if there are 100 more factors ?
What if the correlation between these factors is complicated!!!!!
youre wrong. harry wouldn't have a dominant strategy as the 7 he would get from going up is more than the 6 from going down
That's incorrect. Harry's dominant strategy is down. You're looking at it wrong.
Great video thank you